Economists see two or more OPR hikes in 2H

On Wednesday, the central bank increased the OPR by 25 bps to 2% – a move the majority of economists did not expect.

KUALA LUMPUR: Economists anticipate at least two 25 basis points (bps) overnight policy rate (OPR) hikes in the second half of this year following Bank Negara’s surprise move to raise the rate this week.

On Wednesday, the central bank increased the OPR by 25 bps to 2% – a move the majority of economists did not expect.