Consumer, property and auto sectors to benefit from rate cut
A lower overnight policy rate (OPR) would translate into cheaper borrowing costs, benefiting domestic households and businesses as it would increase the consumers’ disposable income.
PETALING JAYA: The benchmark interest rate cut by Bank Negara will be a boon for the consumer, property and automotive sectors.
A lower overnight policy rate (OPR) would translate into cheaper borrowing costs, benefiting domestic households and businesses as it would increase the consumers’ disposable income.
MIDF Research pointed out that the rate cut would see improvement in investment and domestic consumption activities in the second half of this year.
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