Kenanga IB: Rate hike too premature


KUALA LUMPUR: Any interest rate hike at this time may be too premature amid challenging economic growth and this may provide “little reason” for Bank Negara to do so, said Kenanga Investment Bank Bhd (Kenanga IB) Research.

“The market is mostly looking at a possible rate hike of at least 25 basis points (bps) but this may not be the time yet.

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Business , Bank Negara

   

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