KUALA LUMPUR: Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.
They believe that business sentiment has turned bearish despite Washington’s 90-day pause on the 24 per cent import levy on Malaysia, with industries operated by both big and small companies being affected.
