Quotes from Capital Economics:
- Malaysian central bank (BNM) looks set to keep its policy rate on hold at its meeting (10.00 GMT).
- Although headline consumer price inflation dropped back sharply in January, it is likely to increase again once a Goods and Service tax comes into effect on 1st April.
- The recent weakness of the ringgit and the risk of capital outflows are other reasons why the BNM will be wary of joining other central banks, in cutting interest rates.
Commentary
Malaysian central bank looks set to keep policy rate on hold: Capital Economics
Quotes from Capital Economics:- Malaysian central bank (BNM) looks set to keep its policy rate on hold at its meeting (10.00 GMT). - Although headline consumer price inflation dropped back sharply in January, it is likel…
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