KUALA LUMPUR, April 12 — Maybank Investment Bank Bhd has reiterated its expectation of a modest benchmark interest rate hike of 25 basis points by Bank Negara Malaysia later this year.
In a note today, Maybank IB said the inflation rate in the country was relatively stable at 2.3 per cent in the first two months of 2022 after the 2.5 per cent rise in 2021 consumer prices. As for other Asean countries, Maybank IB has kept its 25 bps interest rate hike projection for Thailand, while expecting a bigger hike in Indonesia and the Philippines .
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