The mere suggestion that the Federal Reserve System (Fed) was considering a reduction in quantitative easing hit the financial markets hard. Long bond yields ratcheted up in the US, raising fears that the nascent growth recovery would be reversed.
The DFIA is also a timely awards program that reflects the experiences, insights, and lessons learned from the COVID-19 pandemic and conveys our commitment to ensure that every Filipino – every microentrepreneur – has the means to flourish in the new, digital economy.