ANZ analysts note that the Malaysia’s headline CPI inflation came in at 0.2% y/y in March after negative prints in the previous two months, and as a result ANZ analysts continue to expect a single cut of 25bps in the Overnight Policy Rate (OPR) at Bank Negara’s next policy meeting on 7 May. Key Quotes “Transportation costs accounted for the bulk of the sequential increase, while a decrease in food prices provided some offset. Core inflation accelerated to 0.5% y/y in the month, but is still largely benign. We expect the headline inflation to hover around current levels until May. From June onwards, a low base effect (due to domestic tax policy changes last year) will likely prop up the annual rate. “ “Overall, inflation does not pose a constraint to policy easing, in our view. As such, we continue to expect a single cut of 25bps in the Overnight Policy Rate (OPR) at Bank Negara Malaysia’s next policy meeting on 7 May.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Germany: IFO index confirms negative tone – TDS FX Street 4 years ANZ analysts note that the Malaysia's headline CPI inflation came in at 0.2% y/y in March after negative prints in the previous two months, and as a result ANZ analysts continue to expect a single cut of 25bps in the Overnight Policy Rate (OPR) at Bank Negara's next policy meeting on 7 May. Key Quotes "Transportation costs accounted for the bulk of the sequential increase, while a decrease in food prices provided some offset. Core inflation accelerated to 0.5% y/y in the month, but is still largely benign. We expect the headline inflation to hover around current levels until May.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
