KUALA LUMPUR: The FBM KLCI managed a slight bounce on Thursday morning as it halted its descent following Wall Street's optimism over rate cuts.US equities rallied overnight as Federal Reserve chairman Jerome Powell said in a testimony to Congress that it would monitor inflation data to determine the timing and depth of rate cuts this year.In focus today is Bank Negara's latest monetary policy decision, scheduled for release at 3pm, with economists predicting no change to the overnight policy ra
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2024-03-07 00:00:00.0