KUALA LUMPUR: Bank Negara Malaysia (BNM) may consider lowering the overnight policy rate (OPR) by 25 basis points (bps) as a counter-cyclical measure should signs of growth weakness emerge in the coming months, said Hong Leong Investment Bank (HLIB) today.
The investment bank said the weaker global economic trend combined with a relatively modest inflationary environment in Malaysia could give the central bank the room to act if necessary.
