Interest rates unlikely to be cut


PETALING JAYA: If the 24% reciprocal tariff by the United States on Malaysia were to take effect in the near term, this will raise the chances of Bank Negara revising the benchmark lending rate – the overnight policy rate (OPR).

Most experts, however, said the central bank is unlikely to lower the rates solely on tariffs alone, as there are other factors to be taken into consideration.

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