INFLATIONARY pressure brought about by the overheated property sectors has forced Australia's and England's reserve banks to increase interest rates in their respective countries, but it would be a long time before Malaysian consumers will see any rate hike.
The likelihood of Malaysia or other countries in this region such as Thailand and Singapore following suit will be remote, at least for the time being, economists said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!