Bangko Negara Malaysia
Markets Came Away With a Positive Spin on Powell’s Press Conference
November 2, 2023
Equities rallied overnight on greater speculation that Fed officials might not raise interest rates again in this tightening cycle. Share prices on Thursday closed up 2.2% in Taiwan, 1.8% in South Korea, 1.7% in New Zealand, 1.6% in Indonesia, 1.1% in Japan, and 0.8% in India and Hong Kong. Today’s rises so far around major […] More
Malaysian Central Bank Interest Rate Cut
May 5, 2020
Bangko Negara Malaysia cut its overnight policy rate by 50 basis points to 2.0%. Including 25-basis point reductions in January and March, that brings the total decline thus far in 2020 to a full percentage point. These cuts have been complemented by other monetary and financial measures according to a released statement. It notes that […] More
More Weak Data, More Holiday Closures, and a Few Monetary Policy Reviews
May 5, 2020
Markets didn’t trade today in China (Labor Day), Japan (Children’s Day), or South Korea (also Children’s Day). Share prices elsewhere in the Pacific Rim went up 1.6% in Australian, 1.1% in Hong Kong, 0.9% in Malaysia (aided by an interest rate cut), and 0.5% in Indonesia and Taiwan. India’s Sensex index fell 0.8%, but European […] More
Bangko Negara Malaysia
September 7, 2016
The latest statement from Malaysia’s Monetary Policy Committee anticipates continuing domestic demand-led economic growth with weak exports as well as stable in-target inflation next year in an “environment of low global energy and commodity prices, and generally subdued global inflation.” Officials had cut the overnight policy interest rate by 25 basis points on July 13, […] More
