US Fed’s policy route worries local investors

MANILA, Philippines — With the US Federal Reserve’s policy direction looming in the background, the Philippine Stock Exchange Index (PSEi) failed to reclaim 6,900 on Monday as investors remained anxious. By the closing bell, the benchmark index rose by 0.45 percent, or 30.97 points, to 6,853.29, while the broader All Shares index climbed 0.29 percent,
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