KOTA BHARU, Aug 29 (Bernama) — The government is monitoring inflation movements due to developments in the West Asian crisis to ensure cost pressures from supply disruptions and rising commodity prices do not burden the people. Deputy Economy Minister Datuk Seri Mohd Shahar Abdullah said the monitoring is important because developments in West Asia are changing rapidly and can potentially impact global supply chains and commodity prices. He said the government is also ensuring the country’s supply, especially for strategic commodities such as oil, remains sufficient until the end of the year while taking appropriate measures to mitigate the crisis’s […]

The chair highlighted strong growth in business investment and said AI-related high-tech equipment and software showed April growth rates of nearly 20%, a development that complicates timing and supply-side effects for monetary policy.

Fed holds rates steady amid strong labor force and cooling inflation trends.