首页 社会内容详情
Telegram美国群(www.tel8.vip):Bank Negara expected to further tighten policy

Telegram美国群(www.tel8.vip):Bank Negara expected to further tighten policy

分类:社会

标签: # 支持人民币的博彩公司

网址:

SEO查询: 爱站网 站长工具

点击直达

Telegram美国群www.tel8.vip)是一个Telegram群组分享平台。Telegram美国群包括Telegram美国群、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram美国群为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

PETALING JAYA: The continued rise in Malaysia’s core inflation leaves Bank Negara with little choice but to raise interest rates even higher.

The core inflation, which excludes administered and volatile price items, reached a new peak in October at 4.1% year-on-year (y-o-y), even though the country’s headline inflation has been moderating to 4% in the same month.

In August and September, the core inflation inflation rates were 3.8% and 4% respectively.

Against such a backdrop, economists anticipate Bank Negara to further tighten its monetary policy, potentially through two more rounds of overnight policy rate (OPR) hike in the first quarter of 2023.

Hong Leong Investment Bank Research said that the rising core inflation signals the build-up of underlying inflationary pressure due mainly to the recovery in domestic demand and labour market.

“In view of the rising core inflation and continued expansion, we maintain our expectation for Bank Negara to raise the OPR by another 25 basis points (bps) in January and March next year, bringing the OPR to 3.25%,” it said in a note yesterday.

In October, core inflation was driven by higher food and non-alcoholic beverages, transportation as well as recreation services and culture, alongside steady growth in housing, utilities and other fuels.

CGS-CIMB Research also said that the continued rise in core inflation could indicate further monetary policy tightening ahead.

It expects two 25-bps OPR hikes, bringing the benchmark interest rate to 3.25% by end-2023.

,

免费专家足球贴士www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

,

It is, however, noteworthy that Malaysia’s headline inflation has slowed down in recent months as the low base effect wears off, together with the decrease in commodity prices.

The producer price index decreased from a high of 11.6% in March 2022 to 4.9% in September 2022, dragged by falling costs in agriculture and mining production.

Minimal cost past-through to consumers would ultimately help to lower inflation.

Nevertheless, CGS-CIMB Research said the headline inflation is likely to remain elevated next year.

CLICK TO ENLARGE

“In the recent November monetary policy meeting, Bank Negara highlighted that it expects headline inflation to remain elevated in 2023 amid demand and cost pressure with risk ‘tilted to the upside’.

“However, with the recent appointment of a new government, we anticipate inflation containment efforts to continue in line with the pledge given to prioritise in addressing the rising cost of living.

“We maintain our consumer price index (CPI) forecast at 3.1% in 2022 and 3.2% in 2023,” according to the research house.

TA Research also predicted that Malaysia’s headline inflation would stay high at 3% y-o-y in 2023, following a rate of 3.1% this year.

,

tội có bạc online(www.vng.app):tội có bạc online(www.vng.app) cổng Chơi tài xỉu uy tín nhất việt nam。tội có bạc online(www.vng.app)game tài Xỉu đánh bạc online công bằng nhất,tội có bạc online(www.vng.app)cổng game không thể dự đoán can thiệp,mở thưởng bằng blockchain ,đảm bảo kết quả công bằng.

 当前暂无评论,快来抢沙发吧~

发布评论