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Updated · Bloomberg · May 6Bank Negara Malaysia set to hold overnight policy rate at 2.75%
11 articles · Updated · Bloomberg · May 6
- All 25 economists surveyed expect no change when the central bank announces its decision on Thursday.
- The expected pause comes as Malaysia's inflation stays benign despite higher global oil prices linked to the Iran war.
- Bank Negara last changed borrowing costs in July, cutting rates by 25 basis points after leaving them unchanged for two years.
With a food crisis looming, can Malaysia's stable interest rate policy survive the coming economic storm? As crippling fuel subsidies drain the budget, what is the true cost for ordinary Malaysian citizens? A US-Iran deal offers hope, but is a global recession inevitable with energy reserves nearly exhausted?