Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the country is entering the tariff disputes from a position of strength.
Strong investment activity, resilient domestic demand and diversified trade partners will help provide some support to the economy, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said in a Bloomberg TV interview with Avril Hong. Policymakers also have numerous policy tools to mitigate the impact of sweeping US levies, he added.
