Malaysia: BNM expected to keep rates unchanged – UOB – by pabspiovano Malaysia CentralBanks Banks InterestRate
Economist at UOB Group Lee Sue Ann suggests the Bank Negara Malaysia could pause its tightening cycle at this week’s event.“Given a moderation in global commodity prices and softer domestic growth momentum amid lingering macro headwinds, we expect BNM to extend its interest rate hike pause at the next monetary policy meeting on 8-9 Mar.”at 3.00% for the rest of the year.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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