Interest rate cut: Winners and losers

rate cut

PETALING JAYA: While Bank Negara’s decision to cut the Overnight Policy Rate (OPR) by 25bps to 2.75% was widely unexpected by analysts, the general reaction to the move was that the impact – on most sectors – would be minimal.

Ahead of the cut, only two out of 26 analysts involved in a Bloomberg poll had predicted that the rate cut would take place.