• Malaysia: BNM is seen keeping rates unchanged this week – UOB

Noticias del mercado

6 septiembre 2023

Malaysia: BNM is seen keeping rates unchanged this week – UOB

Economist at UOB Group Lee Sue Ann suggests the Bank Negara Malaysia (BNM) would likely maintain its policy rate intact at 3.00% at its meeting later in the week.

Key Takeaways

Both the latest inflation reading and slower-than-expected real GDP growth for 2Q23 reinforces our view for the OPR to be kept unchanged at 3.00% for the rest of the year.

Increasing uncertainties from the external front alongside a persistent labour market slack and year-ago high base effects have posed more challenges to Malaysia to sustain its growth momentum in the coming quarters, limiting room for BNM to further tighten its monetary policy.

Enfoque del mercado
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