Carian mengenai topik monetary-policy

Bank Negara Malaysia said the global economy continues to expand amid resilient labour markets and continued recovery in global trade.

Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.

BNM kept the OPR at 3.00 pct at its July 5-6 Monetary Policy Committee meeting, after raising by 25 basis points at the May 2-3 meeting.

Global growth, however, remains weighed down by persistent core inflation and higher interest rates, BNM said.

The PM has placed his full faith in Datuk Shaik Abdul Rasheed Ghaffour to face the current challenges and create a new thrust for Malaysia.

A pause would have provided the monetary policy space by cushioning the impact of a slowdown whilst allowing for cuts later.

The cause of SVB's problem is grounded in not learning from past history and a dominant paradigm that's failed time and again.

As financial services evolve, so must our mindsets.

BNM made no change in the OPR in its first monetary policy meeting for 2023, meeting the expectations of some economists and research houses.

The ringgit was traded mostly lower against a basket of major currencies this morning.

Diniz said that investors are beginning to wonder when the US Federal Reserve will change its monetary policy on interest rates.

It comes at a time when the rakyat are still feeling the pinch.

The country's low inflation rate is driven by the government's initiatives and proactive measures in providing subsidies and ensuring Keluarga Malaysia members are not overly burdened.

The government does not intervene in decisions on the OPR as this is determined by Bank Negara Malaysia's (BNM) monetary policy committee (MPC), said Finance Minister Tengku Zafrul Abdul Aziz.