In addition to the Federal Reserve (Fed), Bank Negara Malaysia (BNM) will also deliver interest rate results next week (Wednesday, May 3).
However, what is in question at the moment is what decision will the central bank take after keeping rates unchanged for two consecutive times?
Reuters through its survey sees the possibility that BNM will leave the overnight policy rate (OPR) unchanged at 2.75% at the next meeting.
Not only that, there are also expectations that the OPR may not change for the rest of the year as inflation has eased faster than expected.
Earlier, it was reported that Malaysian inflation fell to a 9-month low of 3.4% in March, not far from the central bank's target range of 2%-3%.
It is seen as giving more space for BNM to continue to assess the impact of the interest rate hike implemented last year on the economy.
According to a survey conducted on April 24-27, 21 out of 25 economists or more than 89% projected BNM to keep rates at current levels, while the rest predicted a 25 basis point increase.
Still, 9 out of 22 economists project another hike this year, although the median forecast sees the OPR likely to remain at 2.75% until at least the end of 2024.
