BNM may raise hikes as US Feds raise theirs in 2023
KUCHING (Feb 2): As analysts expected, the US Federal Open Market Committee (FOMC) hiked its policy rate by 25 basis points (bps) to 4.50-4.75 per cent, the highest level since October 2007, slowing the rapid tightening campaign that ratcheted up its rate by 425 bps in 10 months. All 12 voting members of the Federal [...]
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