Last month, multiple reports claimed that the initial hype around the bakery had died down as the long queues that once snaked the bakery were gone.
KUALA LUMPUR: Malaysia's central bank will wait for the global situation on trade tariffs to settle before making policy recommendations or revising growth forecasts, its governor said on Thursday.
"Once we have greater clarity on the details of the tariffs announcement, that's when we are able to make more robust forecasts and assessments on the impact and potential growth of the economy this year," Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour told a press conference after a meeting of Southeast Asian finance ministers and central bank chiefs.
Malaysia's government has said it will not take retaliatory measures and would instead negotiate with the U.S. for mutually beneficial solutions.
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