BFM 89.9
The Business Station
Are Rate Cuts Really the Best Medicine?
13 mins
·
09:15, 5 May 2020
·
Recommended
45 mins
Ahead of Bank Negara’s Monetary Policy Committee meeting, we discuss the likely outcome and outlook for the Malaysian economy with OCBC economist Wellian Wiranto. Contrary to street expectations, Wellian believes BNM could hold rates for the time being, as the loans moratorium reduces the impact of an interest rate cut. He also shares his thoughts on the impact of the Conditional MCO and the potential shape of economic recovery.
Presenter: Lyn Mak, Wong Shou Ning
Producer: Shazana Mokhtar
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