Malaysia's central bank could review rates amid price rises
June 13, 2008 00:00:00
KUALA LUMPUR, June 12 (AFP): Malaysia's central bank could review its interest rates as rising prices and a fuel price hike is expected to push up inflation and slow growth for the year, its governor said today.
Bank Negara governor Zeti Akhtar Aziz said the central bank would "study carefully" the impact of the fuel price rise on inflation and the effects of stimulus packages being introduced to soften its impact.
"All this will be assessed very carefully in the months to come as we determine our monetary policy response," Zeti was quoted as saying by the state Bernama news agency.