Concerns over slowdown and interest rates to persist:
Concerns over growth slowdown and high interest rate environment could persist in the near term, Angel Broking said in its latest market strategy report released on Friday.
DOMESTIC interest rates are likely to go down and banks may be forced to lend aggressively to private borrowers following the Bangko Sentral ng Pilipinas' move to cut the reserve requirement by two percentage points, bankers said.