Tag: OPR cut by BNM 2020
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Potentially another CUT in May 2020. Happy? (COVID-19 is one reason)
Let’s just say that I am not always a happy man every time the Overnight Policy Rate (OPR) is cut. I know, the monthly mortgage gets lowered but lowering of rates also meant that the economy is not at where it should be. Thus, monetary policy tweaking is needed to sustain the growth or to…