The Week Ahead: Bank Negara OPR decision, implementation of US tariff on Chinese imports in focus
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Bank Negara Malaysia's monetary policy decision is expected on Sept 5, 2024, with a consensus to maintain the policy rate at 3%; US to finalize tariff increases on Chinese imports, including EVs and semiconductors, with tariffs rising from 25% to 100% for EVs by 2024; President Biden announced tariffs worth US$18 billion in May 2024; US and China to hold a work meeting on Sept 7, 2024, co-chaired by Wang Shouwen and Marisa Lago; Bank of Canada to announce a policy rate decision on Sept 4, 2024; US employment data for August to be released on Sept 6, 2024, with estimates of 165,000 non-farm payroll increase; Asian countries to release August CPI data starting Sept 2, 2024.
#BankNegara #UsTariffs #China #MonetaryPolicy #EconomicData #Cpi #Employment #Evs #Semiconductors #Biden
https://theedgemalaysia.com/node/725064
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