PETALING JAYA: Standard Chartered Global Research expects Bank Negara to maintain its overnight policy rate (OPR) unchanged at 3.25% and cut rates only in September. “Our long-held view had been for the central bank to ease policy rates this year. StanChart said the case for a rate cut this year remains valid, despite the central bank’s largely neutral monetary policy tone. “We think Bank Negara would prefer to communicate changes to its monetary policy stance before sanctioning rate changes,” the research house said. Bank Negara will announce its monetary policy decision on July 13.

Source: The Star July 11, 2016 03:56 UTC