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THE US Federal Reserve’s (Fed) aggressive interest rate hike may have brought some certainty regarding its inflation control, but has also thrown up challenges to strike a fine balance and avoid a hard landing. ....
RHB Bank Bhd has maintained its view that Bank Negara Malaysia (BNM) would increase the overnight policy rate (OPR) by 25 basis points (bps) to 2% in the second half of 2022 (2H22) with the guidance being given at the Central Bank’s May 11 monetary policy meeting. It said the Central Bank would also decide on its OPR hike based on the April core consumer price index data on May 25 as well as further evidence that slack in the economy is falling, the firm uptrend on real wages and the impact on the trajectory of growth and inflation ....
DESPITE Russia’s military offensive on Ukraine and its impact on energy prices, Bank Negara Malaysia is still expected to be the next central bank in Asean to raise interest rates positive news for savers eyeing better fixed deposit (FD) rates. ....
SST exemption for cars: extension into 2022 expected paultan.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paultan.org Daily Mail and Mail on Sunday newspapers.
TO many quarters now, any talk of a recovery from Covid-19 would seem like fluff. For almost two years, the world and Malaysia in particular have been mired in a pandemic that seems to be neverending, with many stops and starts of movement control orders (MCOs). The damage caused by the virus outbreak has not only affected lives, but has also cost hundreds of billions of ringgit in losses for the Malaysian economy. Even if there were to be a recovery, some industries will never be the same again, such as food and beverage, hospitality and perhaps even manufacturing and plantations, the two staple economic growth drivers of Malaysia. ....