Malaysia’s central bank might disregard the Fed’s recent shift to a more hawkish stance during its upcoming policy meeting on May 9, according to Bloomberg analysts. The Malaysian overnight policy rate is considered to be at a neutral level, supporting economic growth while managing inflation just below 2%. Analysts believe the cooler economic outlook for Malaysia will keep core inflation pressures manageable, and the ringgit has performed relatively well against peers, bolstered by strong oil prices.