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My Story, FT: BNM taking ‘major risks’ with inflation, but maintains interest rates

Submitted by admin on November 12, 2011

KUALA LUMPUR, Nov 12 — The central bank’s decision to keep interest rates on hold offers some support for growth while taking “major risks” with inflation, the Financial Times says. The daily pointed out that Bank Negara Malaysia’s (BNM) distinctly less hawkish tone when making the announcement yesterday also suggested increasing worries about ...