By Sharifah Pirdaus Syed Ali KUALA LUMPUR, July 7 (Bernama) -- The continuous increase in the overnight policy rate (OPR) will cause slower domestic economic development despite it being meant to ease the inflation rate, said Putra Business School Associate Professor Dr Ahmed Razman Abdul Latif. He said a decline in the inflation rate for nine consecutive months was due to careful consideration by Bank Negara Malaysia (BNM) in setting the OPR.  bootstrap slideshow 'Theoretically, when the OPR is raised continuously, it will put pressure on inflation to come down.

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