OctaFX: Bank Negara Malaysia (BNM) is unlikely to raise interest rates as core inflation eases
Will BNM hit the brakes on monetary tightening and leave the rates unchanged: Kar Yong Ang, the OctaFX financial market analyst, shares his opinion. KUALA LUMPUR, MALAYSIA - Media OutReach - 1 June 2023 - Malaysian consumer prices declined in April, driven mainly by easing transport inflation. The consumer price index (CPI) rose by 3.3% in April from a year earlier, the Department of Statistics sa...
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