4th Bank Negara MPC Rate Hike

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