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Market analyst Lee Sue Ann at UOB Group sees the BI cutting rates right on time one year from now following a potential rate cut by the Fed.
Key Quotes
"BI's 7-day Reverse Repo Rate was unaltered at 5.00% in November and subsequently the Deposit Facility and the Lending Facility were unaltered at 4.25% and 5.75%, separately. While we expect rate hold in December, we search for BI to cut once again in 1Q20 to 4.75%, given our desires for the US Fed to potentially decrease its Fed Fund Rate in 1Q20."