Bank Negara Malaysia To Hold At 1.75% Through To 2022
Country Risk / Malaysia / Thu 08 Jul, 2021
Key View
- We at Fitch Solutions have revised Malaysia’s 2021 monetary policy interest rate forecast to 1.75%, from 1.50% previously, and no longer expect the central bank to cut, largely in light of rising inflation.
- We have also revised our average inflation forecast to 2.5% y-o-y from 1.3% y-o-y previously, to reflect low base effects on oil