KUALA LUMPUR (Sept 19): Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday. The Fed decided to cut the Fed Funds Rate (FFR) by 50 basis points, bringing it to [...]

https://www.theborneopost.com/2024/09/19/economists-bnm-unlikely-to-follow-us-fed-rate-cut-will-monitor-domestic-and-global-conditions/

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