SE Asia Stocks-Most up on cautious Fed; Philippines gives up gains

By Chris Thomas July 13 (Reuters) - Most Southeast Asian stock markets rose on Thursday after U.S. Federal Reserve Chair Janet Yellen indicated a more gradual tightening of monetary policy in her testimony to Congress, strengthening risk appetite. Yellen noted on Wednesday that while the U.S. economy was healthy enough for the Fed to tighten policy, the federal funds rate would not have to rise all that much further to reach a neutral level that neither encourages nor discourages eco

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