BNM To Remain Vigilant

October 2007 | Market Strategy

With inflation looking set to remain low and stable in Malaysia in the medium term, Bank Negara Malaysia will look to cut rates in 2008 in order to encourage private consumption. However, with inflationary pressures persisting in the short term, we retain our view that the overnight policy rate will remain on hold at 3.50% for the time being.

If you would like to subscribe to South East Asia Monitor Vol 2 and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to South East Asia Monitor Vol 2 please click on the trial link below.