3  More specifically, the Fed’s purchases should tend to reduce term premiums, a component of the yield to longer-term securities. Longer-term interest rates are also influenced by market expectations of the future path for short-term interest rates, which in turn depend on the outlook for the economy and so for the target federal funds rate.
I’m truly excited for our fellow kababayans to experience the same convenience when they use the QR Ph in their daily business transactions. We understand that to encourage the wider adoption of QR Ph P2M, it must be affordable, ubiquitous and accessible even in the remote areas.