Bank rate cut not expected this year says economists

AllianceDBS Research chief economist Manokaran Mottain, who does not expect a rate cut this year, told StarBiz any move in that direction would depend on the economy

PETALING JAYA: Strengthening crude oil prices and stable external demand may stay the hand of Bank Negara policymakers on a rate cut this year.

AllianceDBS Research chief economist Manokaran Mottain, who does not expect a rate cut this year, said any move in that direction would depend on the economy’s performance.