Bank Negara Malaysia

July 13, 2017

Malaysia’s central bank policy rate was maintained at 3.0%, its rate for the past year. There had been cuts of 25 basis points in both July 2014 and July 2016. Expectations of a possible rate hike later this year have faded as a spike in inflation is being unwound gradually. A statement released today indicates no directional bias concerning the next policy change. Officials project slightly stronger economic growth next year than in 2017.

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without express permission.



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