Economy expected to accelerate in quarter two


Dass: We reiterate our view of two more rate hikes by the Fed in the second half of this year – one in September and the other in December, each by 25 basis points.

PETALING JAYA: Malaysia’s second quarter (Q2) gross domestic product (GDP) growth should be better than the first (Q1), underpinned by several macro key data, according to AmBank Group.

Its chief economist Anthony Dass said the group’s preliminary estimate suggested that GDP for Q2 could expand between 5.5% and 5.7%, versus 5.4% in Q1.

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Business , Anthony Dass

   

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