There is ample room to increase interest rates further

As Malaysia’s economy continues its recovery momentum, more rate increases can be expected. With the recent rise in May 2022, Bank Negara Malaysia (BNM) is confident that the country’s economic vigour will mitigate any undesirable impact. In line with this, the Vice-Chancellor & Chief Executive of AIMST University, Professor Datuk Dr. John Antony Xavier, has elaborated on the implications of the recent interest-rate hikes for the economy in an article titled, ‘There is ample room to increase interest rates further.’ The article got featured in the columnists section of NST on 11 July 2022. Click here to read.