AmBank Research expects Bank Negara Malaysia
PETALING JAYA: Bank Negara is expected to maintain the benchmark interest rate at 3.00% at its Monetary Policy Committee (MPC) meeting today although there is mounting pressure for a further rate cut later this year.
According to economists, the central bank would maintain the existing key benchmark rate for now, but would need to assess the macroeconomic conditions and uncertainties and how it would impact the local economy.
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