Rates cuts seen bolstering growth | The Manila Times
LOWER interest rates will help the economy rebound from last year's below-target result and may allow the official growth goal to be met.
Source: manilatimes.net
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LOWER interest rates will help the economy rebound from last year's below-target result and may allow the official growth goal to be met.
Higher GDP growth will likely be driven by the recent aggressive efforts of the economic managers on raising government spending
THE Bangko Sentral ng Pilipinas (BSP) is expected to slash policy interest rates in the second semester of the year by not more than 25 basis points to avoid volatility, an official from Sun Life Investment Management and Trust Corporation (SLIMTC) said on Thursday. SLIMTC Chief Investment Officer Ritchie Teo…