KUALA LUMPUR: The lowered overnight policy rate (OPR) by 25 basis points (bps) to 2.75% is a pre-emptive strike amidst continued uncertainties from the ongoing US-tariff drama that is still unfolding.
As an export-dependent economy, economists said the central bank’s Monetary Policy Committee (MPC) had to act now before its next meeting on Sept 4 to prevent any potential downsides to the economy.
