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Malaysia insight news - Bank Negara to hike rates next quarter







The April 28-May 6 poll of 18 economists predicted Bank Negara Malaysia BNM to keep its overnight policy rate unchanged at 1.

Malaysia is net exporter of oil and the second largest producer of palm oil.







Those expectations were unchanged from an April poll.

But widening interest rate differentials with some regional players and the U.



Federal Reserve has prompted a handful of participants, 4 of 18 economists to predict a rate hike to come as early as this month.





BENGALURU: Bank Negara will keep its interest rate steady this week to support a still-nascent economic recovery, a Reuters poll showed, but start tightening policy next quarter to avert rising inflationary pressures..



That accommodative stance was in stark contrast to other major central banks and some of its Asian peers which are hiking interest rates at a much faster rate than earlier thought to rein in stubbornly high inflation.








Description: That accommodative stance was in stark contrast to other major central banks and some of its Asian peers which are hiking interest rates at a much faster rate than earlier thought to rein in stubbornly high inflation.

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That accommodative stance was in stark contrast to other major central banks and some of its Asian peers which are hiking interest rates at a much faster rate than earlier thought to rein in stubbornly high inflation.
That accommodative stance was in stark contrast to other major central banks and some of its Asian peers which are hiking interest rates at a much faster rate than earlier thought to rein in stubbornly high inflation.

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