0903 GMT - UOB lowers Malaysia's 2024 inflation forecast to 1.9% from 2.0% after four months of weaker-than-expected inflation and pending further subsidy removal. UOB also cuts its projection for inflation in 2025 to 2.3% from 2.8%, economists Julia Goh and Loke Siew Ting write. These projections remain in line with the government's estimates of 1.5%-2.5% for 2024 and 2.0%-3.5% for 2025, they add. Given upside inflation risks and a challenging global outlook, they expect Bank Negara to keep its policy rate unchanged at 3.00% during its final 2024 meeting in November and throughout 2025. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
October 24, 2024 05:03 ET (09:03 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。