Investors hold on to prospects of a cut in banks’ reserve ratio
Investors are on the lookout for a possible cut in banks’ reserve requirement ratio (RRR), a move that could free up more cash for loans, thus helping spur spending. RCBC chief economist Michael Ricafort said that among the upcoming catalysts for the equities market to break free from a previous slump was a potential cut … Continue reading Investors hold on to prospects of a cut in banks’ reserve ratio
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