4 months Are lower rates enough to drive markets higher? Inquirer |Biz
The PSEi has rallied strongly the past month and a half, rising by 7 percent. The outlook of the domestic economy has also improved as interest rates continue to go down, thanks to the benign inflation environment and the ongoing reduction in banks’ reserve requirement ratio (RRR). As a result, the yield curve is no longer inverted, which used to be one of the major concerns of investors. The post Are lower rates enough to drive markets higher? appeared first on Inquirer Business. ... more