Bank Negara may cut OPR at Jan 20 meeting. OCBC Bank Research says

OCBC Bank global treasury – research & strategy economist Wellian Wiranto said on Tuesday there could be another rate cut to 1.25% in the March meeting as well.

KUALA LUMPUR: OCBC Bank Research expects Bank Negara Malaysia to likely reduce the Overnight Policy Rate (OPR) by 25 basis points to 1.50% at its Jan 20 monetary policy committee meeting due to the weaker economic outlook.

Its global treasury – research & strategy economist Wellian Wiranto said on Tuesday there could be another rate cut to 1.25% in the March meeting as well.