热门标签

欧博手机版网址:Investment banks expect Bank Negara to raise OPR by at least 25bps

时间:5天前   阅读:2   评论:1

新2网址最新登录www.99cx.vip)实时更新发布最新最快最有效的新2最新登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

KUALA LUMPUR: Local investment banks expect Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) by at least 25 basis points (bps) by year-end, tracking the United States (US) Federal Reserve's 75 bps rate hike on Wednesday.

In a note today, Kenanga Investment Bank Bhd (Kenanga) said it expects BNM to maintain its hawkish tone and raise the OPR by at least 25 bps during each of its remaining two Monetary Policy Committee (MPC) meetings this year, slated for Aug 7-8 and Nov 2-3.

It said the Fed's aggressive posturing and obsession with taming inflation indicate that it would continue to raise interest rates sharply, at the expense of growth.

As for Malaysia, it noted that inflationary pressure is mounting, registering a hotter-than-expected 3.4 per cent in June 2022 versus 2.8 per cent in May 2022 on the back of pent-up demand and tourism-led spending following the reopening of international borders and removal of COVID-19 restrictions.

,

欧博手机版网址www.aLLbet8.vip)是欧博集团的官方网站。欧博手机版网址开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

"Along with the expectation that gross domestic product (GDP) growth would continue to be driven by the stronger recovery in domestic demand, we expect BNM to maintain its hawkish tilt and raise the OPR by at least 25 bps each at its remaining two MPC meetings for this year," said Kenanga.

Meanwhile, Hong Leong Investment Bank Bhd (HLIB) is maintaining its expectation that BNM would increase the OPR by an additional 25bps in the September MPC meeting, ending the year with the OPR at 2.5 per cent from the current 2.25 per cent.

"The reopening of international borders, transition to COVID-19 endemic status and special Employees Provident Fund withdrawal scheme are expected to support Malaysia’s gross domestic product in the second quarter of 2022," it said in a separate note.

As for the US, HLIB expects the Fed to continue increasing its interest rates in the near future, although it noted that higher interest rates might fuel fears that a recession is looming as industrial production declined slightly in June, while real personal consumption expenditure also contracted slightly in May. - Bernama


转载说明:本文转载自Sunbet。

上一篇:以太坊高度开奖:3 company owners each fined RM50,000 for falsifying bank statements

下一篇:皇冠正网(www.hg108.vip):《大行报告》汇丰研究降东方海外(00316.HK)评级至「减持」 偏好中远海控(01919.HK)

网友评论