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 BREAKING: OPR increased to 3% unexpectedly, High inflation likely to come soon

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acbc
post May 3 2023, 03:21 PM

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OPR should go 4-5% one time and eventually the inflation will come down slowly. May take several years to take effect.
acbc
post May 3 2023, 03:28 PM

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QUOTE(Timemuffin @ May 3 2023, 03:27 PM)
Siao a
The teh tarik index will go haywire
*
AU gonna do it because inflation is out of control there now.
acbc
post May 3 2023, 03:32 PM

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QUOTE(msacras @ May 3 2023, 03:31 PM)
Jiken lice RM9 inkambing
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Alright 9 bucks here at TPG. If Damansara, easily 9.50 now.
acbc
post May 3 2023, 03:33 PM

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QUOTE(Angry Clerk @ May 3 2023, 03:31 PM)
Fuhhhhh next month sure more and more ppl default..
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Bankers already preparing for NPLs. Pretty sure they will advise their clients properly.

Lawyers and debt collectors standing by for huge businesses.
acbc
post May 3 2023, 05:17 PM

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Rentals also naik especially for hot areas.
acbc
post May 3 2023, 05:50 PM

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QUOTE(Brotherjoe @ May 3 2023, 05:45 PM)
How this can fight inflation and cost of living?
everything is going to go up.
*
OPR up, less money in the market to depreciate. In short, people will spend less and save more.

 

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