Budget 2020 to lighten pressure on BNM to pursue another rate cut in 2019 — UOB

Budget 2020 to lighten pressure on BNM to pursue another rate cut in 2019 — UOB

The Edge Markets - Malaysia·2019-09-25 17:26

KUALA LUMPUR (Sept 25): UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is expected to include expansionary measures to support the economy, will lighten the pressure on BNM to pursue another rate cut in 2019.

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