Bank Negara Malaysia in a 'Decent Spot'
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With substantial wage growth still absent from the June US non-farm payrolls report, markets may now 'pivot' from jobs data to inflation. Stephen also comments on how the global tightening chorus by major central banks could impact monetary policies in emerging economies.
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Tags: G20, Donald Trump, China, North Korea, trade, climate change, Fed, Federal Reserve, non-farm payrolls, inflation, rate hike, balance sheet, taper tantrum, steel, protectionism, Janet Yellen, CPI, NFP, rich asset valuations, BNM, Bank Negara, global tightening chorus, hawkish, monetary policy, data dependent, US dollar, ringgit