Bank Negara Malaysia (BNM) is expected to adopt two rate hikes of 25 basis points each in 20108, with the first one in January 2018, according to a recent report from ANZ Research.
The downside surprise to October headline inflation was mainly due to a sharp sequential decline in food prices. However, core inflation remains steady suggesting that strong domestic demand is percolating through prices.
"We believe that the current growth-inflation mix makes a strong case for policy tightening," the report added.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision
South Korean Won Leads Asian FX Losses as Dollar Rises
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty 



