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Bank Negara Malaysia has lowered its Overnight Policy Rate from 3% to 2.75%, its first rate cut since 2020, citing downside risks from slowing global trade and fresh US tariffs. Firdaos Rosli, Chief Economist at AmBank Group, helps us unpack the central bank’s latest policy move and its impact on Malaysia's growth.
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Bank Negara Malaysia has lowered its Overnight Policy Rate from 3% to 2.75%, its first rate cut since 2020, citing downside risks from slowing global trade and fresh US tariffs. Firdaos Rosli, Chief Economist at AmBank Group, helps us unpack the central bank’s latest policy move and its impact on Malaysia's growth.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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