Yahoo! Philippines News - Live 2013 Philippine Elections News Updates and Results: Be 'discerning' about US Fedmoves — Bangko Sentral chief

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Be 'discerning' about US Fedmoves — Bangko Sentral chief Jul 18th 2013, 18:34 Markets should be more "discerning" when reacting to developments in advanced economies, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said Thursday.Tetangco said this following the statement of United States Federal Reserve chairman Ben Bernanke that there is still an option to adjust the Fed's plan to scale back its massive bond-buying program if the US economy's outlook shifted."I think what the Fed is saying is that the market needs to be watchful of economic indicators for the Fed's next move. ...

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