OPR hike in H2 unlikely, says Kenanga Research


KUALA LUMPUR: The possibility of another Overnight Policy Rate (OPR) hike in the second half of this year is unlikely, with growing concerns over euro debt crisis, says Kenanga Research.

It said this would depend on the outlook for the second half of this year as the global growth momentum is expected to wither with the base effects wearing off and fiscal policy support diminishing.

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