0915 GMT - Bank Negara Malaysia appears to have shifted to a more dovish tone, suggesting room for easing, says HSBC Asean economist Yun Liu in a note. "As a central bank that is cautious about changing its qualitative language, BNM has made multiple adjustments to its growth stance, flagging mounting headwinds," she notes. While inflation concerns have eased, the central bank now seems more focused on the downside risks to growth, she adds. HSBC expects a 25bp rate cut in July, while noting the outlook remains fluid and dependent on incoming data to gauge the impact of U.S. tariffs on the Malaysian economy. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 05:15 ET (09:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。