4th Bank Negara MPC Rate Hike
Firdaos Rosli, Chief Economist, Bank Islam Malaysia
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As widely expected, Bank Negara raised the overnight policy rate yesterday by 25 bps, bringing the OPR rate to 2.75%. But with the Fed warning of a higher peak Fed Funds Rate, can BNM continue its gradual increase in interest rate or does it need to adopt a more aggressive stance? We discuss implications of monetary policy tightening with economist Firdaos Rosli.
Image credit: Shutterstock
Produced by: Sim Wie Boon
Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See
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