besides counting on fed rate cuts, below is basically saying subsidies removal/targeting + tax reforms/tax incr is coming soon.

am i right?!


https://www.nst.com.my/news/nation/2024/03/...laysias-economy
"Fiscal reform will focus on targeting subsidies and expanding the revenue base to create fiscal space that can be allocated to improving the welfare of the people," he added.

Economists are unanimous that petrol subsidy rationalisation is almost certainly going to bring about a general increase in the prices of goods and services, and even the World Bank Group is estimating that a complete removal of fuel subsidies is likely to cause a 9% increase in consumer prices.
https://www.thestar.com.my/business/busines...mpact-consumers


what will happen to RM if inflation jumps by 9% due to petrol subsidy removal??

now... BNM keeps saying RM is undervalued.

is it possible that it is actually overvalued now?!

i mean the huge subsidies been helping, no?

if that is gone, like u said, no need economists to tell u what's gonna happen!

or... the market has already partially factored in the "subsidy removed" scenario, hence the decline in last few months?

so, can we guess the result when the whole subsidy removal thingy is done?

or they might U-turn and keep the subsidies going, "kick the can down the road", as they say?


pegging is not the answer. it will be costly and might lead to a total collapse in the end:
https://www.freemalaysiatoday.com/category/...rotect-ringgit/

ALL of them say undervalued, not me.

https://www.thestar.com.my/business/busines...-is-undervalued
https://www.freemalaysiatoday.com/category/...ys-bank-negara/

they r in high positions of power & information, paid 10 times u.

must believe at least 10% la...

the other 90%... u do own homework.