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Malaysia's Central Bank Is in a Sweet Spot

Mimi Sabreena 8:24:00 AM Informasi

(Sept 7): Malaysia’s central bank is in a sweet spot. Economic growth is gaining momentum, inflation is moderating, and the ringgit is headed for its first annual gain in five years.

After four quarters of expansion that beat expectations, Governor Muhammad Ibrahim said in August that “when economic growth is entrenched, and if inflation is essentially benign, it gives Bank Negara a bit more flexibility in terms of policy.” Inflation has eased every month since reaching an eight-year high in March.

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