How OPR Hikes Impact Your Finances
Felix Neoh, Director of Financial Planning, Finwealth Management
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The Monetary Policy Committee of Bank Negara Malaysia has once again increased the overnight policy rate by 25 basis points, bringing it from 2.25% to 2.50%. Bank Negara has been gradually hiking rates from the low rate environment during the pandemic in a bid to fight rising inflation. With more hikes likely to happen in the future, Sim Wie Boon speaks to Felix Neoh, Director of Financial Planning, Finwealth Management to understand how the OPR hikes impact your finances.
Produced by: Sim Wie Boon
Presented by: Sim Wie Boon
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Categories: young finance, financial wellness, markets, economy
Tags: bank negara malaysia, opr, personal finance,