The likelihood of BLR going down is high.

The way I see it, there is a few hint from the news.

One of them is the standardizing housing loan at BLR-1.8%.
BLR is indirectly controlled by the government.
If banks continue to slash rate below BLR-3% and with the BLR further reduces , it is not a healthy sign.
Banks need to profit from giving out loans, giving FD at 2% and loan at 3% is going to eat into their profit.
Possible scenario would be more layoffs.


2nd is the weak US dollar.
For Malaysia to import goods to US, we have to weaken our RM to make our goods competitive.
Again, the easiest way is to reduce the interest rate.
Using cheaper loans, more people will borrow money; resulting inflation.

This year, the price of sugar and flour had went up.
Those who already own property will expect it to rise too.