THE president of the Philippine Stock Exchange (PSE) is optimistic that 2024 will be a better year for the local bourse.
"For 2024, analysts project the PSEi (PSE index) at a range of 6,800 to 8,300 points. The reason for this is the expected rate cuts by the US Fed (Federal Reserve) and BSP (Bangko Sentral ng Pilipinas)," President and CEO Ramon Monzon said in a statement.
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