Us Consumer Confidence Index, Expectations Index Highest Since April
Research: Malaysia’s Economy Likely to Grow by 4.7 Pct in 2012
News: 2012-07-31 14:00:00 UTC+00

Research: Commodity Prices Not So Low That Malaysian Central Bank Would be worried a About Negative Economic Impact

Quotes from Barclays Capital:

-Although commodity prices have fallen, they are still above the levels that prevailed when rates were being normalised in 2010. We do not think prices are so low that Malaysian central bank would be worried a about negative economic impact.  

-In our view, a rise in external risks that leads to a sharp drop in commodity prices (20% or more) and spills over into the domestic labour market and investment activity. This, in turn, could cause a slowdown in investment projects and lead a sharp drop in business and consumer loan applications. Faced with these downside risks, BNM could lower policy rates aggressively.

Published: 2012-07-31 14:00:00 UTC+00 10 months, 2 weeks, 5 days, 10 hours, 11 min. ago
 
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