[J.P. Morgan: Malaysia Expected to Raise Interest Rates by 25 Basis Points in Q4] According to a report by Jinse Finance on June 29, J.P. Morgan currently predicts that Malaysia's central bank will raise its policy benchmark interest rate by 25 basis points in the fourth quarter, while also revising up the country's economic growth forecast. J.P. Morgan's research report indicates that Malaysia's economic growth rate is expected to reach 5% in 2026, up from the previous estimate of 4.6%. Benefiting from a significant surge in exports of both tech and non-tech products, the country's trade surplus in May exceeded market expectations. Coupled with the recent implementation of the U.S.-Iran memorandum of understanding and a mitigation of economic downside risks, J.P. Morgan believes Malaysia's economy will maintain steady and sustained growth, which may prompt Bank Negara Malaysia to raise interest rates by 25 basis points in Q4 2026, tightening its accommodative monetary policy. J.P. Morgan had previously predicted that the central bank would keep rates unchanged this year.