On the day the Bangko Sentral ng Pilipinas (BSP) announced its first policy rate cut in almost four years, local equities retreated to below the 6,700 level as anxious investors gauged the central bank’s next moves. The anxiety is understandable. While rate cuts are typically good for the stock market because cheap credit usually prompts Read The Rest at :
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.
