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Malaysia Rate Outlook Split Amid Lockdown: Decision Guide

Malaysia Rate Outlook Split Amid Lockdown: Decision Guide Bloomberg 1/20/2021 Anisah Shukry (Bloomberg) Malaysia’s first interest-rate decision of the year is almost too close to call as surging virus cases and a lockdown threaten the country’s recovery. Twelve economists surveyed by Bloomberg expect Bank Negara Malaysia to keep the overnight policy rate steady Wednesday at a record-low 1.75%, while 11 predict a 25-basis point cut. © Bloomberg Malaysia Suspends Parliament While Imposing Targeted Lockdowns to Battle Virus Wave A near-empty road during a nationwide state of emergency in Kuala Lumpur on Jan, 13. Popular Searches Photographer: Samsul Said/Bloomberg The mixed views illustrate Bank Negara Malaysia’s predicament as new movement restrictions since Jan. 13 take a toll on the economy, leading analysts to downgrade their growth forecasts even before the restrictions were extended Tuesday to all but one state. However, after the centr

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