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Malaysia to be the first to hike the rate in the region?  Cool
another strong result from Malaysia. 
  • Gross domestic product rose 6.2 percent from a year earlier, after climbing 5.8 percent in the second quarter
  • The median estimate of 19 economists surveyed by Bloomberg was 5.7 percent
  • GDP rose a seasonally adjusted 1.8 percent from the previous three months
Indeed Malaysia raised its rate by 25bps to 3.25%.

This signals growth ahead of election sometime this year