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Lagged policy response may risk volatility, says UOB

The Star Business LogoThe Star Business1 mo ago

Lagged policy response may risk volatility, says UOB

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PETALING JAYA: Bank Negara would need to act considering the external uncertainties that could affect the domestic economic conditions, capital flows and the ringgit.

As a result, it said the potential supply shocks could drive prices and inflation even higher.

It noted there is growing consensus that global food and energy prices would continue to stay elevated for longer.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Bank Negara UOB Global Economics and Markets Research /Business/Business News Rates Increase Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 00:00:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 324 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 6684

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 36 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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