Meanwhile, TA Securities also expected Bank Negara to adopt a “wait-and-see” approach within the next two months as the stance of monetary policy going forward will be determined by new data and information. It did not foresee any urgency for the central bank to slash interest rates again when the Monetary Policy Committee meets again in March
KUALA LUMPUR: Risks in 2021 are skewed to the downside with the persistently rising Covid-19 cases and a new round of movement control order (MCO) but this does not derail Malaysia’s growth outlook this year.
TA Securities Research maintained its full year gross domestic product (GDP) forecast of 6.4% as the government allowed five economic sectors to operate during this period.
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