CEO of Bank of Malaysia: The Central Bank of Malaysia will maintain stable interest rates this year.

On February 5th, according to reports, Khairussaleh Ramli, President and CEO of Malaysia Banking Group, stated that despite the expected slowdown in economic growth, the Central Bank of Malaysia may still maintain stable interest rates this year. He said, "Given mild inflation, we believe the overnight policy rate will remain at the current level throughout the year." Additionally, it was reported that Khairussaleh mentioned that there is a 50 basis point room for rate cuts by the Federal Reserve in the first half of the year.