The need for households to replenish their savings first before stepping up discretionary spending might delay the benefits of lower borrowing costs on consumption and the overall economy, ANZ Research said. In a report, Sanjay Mathur, economist at ANZ, said the decision of the Bangko Sentral ng Pilipinas (BSP) to kick off its easing cycle
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.