Pantheon Macroeconomics

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2nd Nov 2023 18:25Emerging Asia, Daily Monitor

  • The BNM maintains the overnight policy rate at 3.00% at its November meeting...
  • ...As it prioritised supporting domestic demand while using FX intervention to support the MYR.
  • We expect the BNM to hold rates steady for most of 2024, cutting rates only once by 25bp in Q4.

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Keywords for: 3 November 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence