
First rate cut in five years aims to cushion growth risks
Malaysia’s central bank has cut interest rates for the first time in five years in a preemptive move to support economic growth as the country faces external risks, including the looming threat of US tariffs.
Policymakers say the rate reduction is designed to boost domestic demand, encourage investment, and strengthen resilience amid global uncertainty and trade tensions.
Policymakers say the rate reduction is designed to boost domestic demand, encourage investment, and strengthen resilience amid global uncertainty and trade tensions.