Volatility to hound PH markets until Fed makes a decision

MARKET volatility will continue to plauge the Philippines, weakening the peso and compelling fund managers to repatriate gains from the stock market, until the Federal Reserve decides to raise interest rates in the US.

In the face of the market play on US interest rates, it is up to investors how they would judge the Philippine economy an its macro economic fundamentals, according to the Bangko Sentral ng Pilipinas (BSP).