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Philippine Stock Exchange (FILE PHOTO) Expectations that the US Federal Reserve will cut interest rates by more than what was originally anticipated halted the local bourses two-day winning streak on Wednesday, with investors worrying about a possib
Jerome H. Powell, the chair of the Federal Reservex1 gaming, underscored on Monday that officials are likely to lower interest rates in the coming months — but that policymakers do not expect to make those rate cuts in large increments if the econom