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Due to the sluggish economic growth globally and domestically, Bank Negara Malaysia (BNM) had followed the footstep of the U.S. Federal Reserves to cut interest

Due to the sluggish economic growth globally and domestically, Bank Negara Malaysia (BNM) had followed the footstep of the U.S. Federal Reserves to cut interest rates. In fact, BNM had announced overnight interest rate deduction for three times in just the first half of year 2020. Critically discuss the impact of interest cuts on financial management of small and medium enterprises (SMEs) and large corporations in Malaysia.(25 marks)

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