Bank Negara Malaysia (BNM) announced on Thursday its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. While headline inflation has moderated, persistent core inflation pressures and global economic uncertainties continue to influence the central bank's cautious stance.
Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00% following its Monetary Policy Committee (MPC) meeting on Thursday. This decision was largely in line with market expectations, reflecting the central bank's cautious stance in balancing economic growth support with inflation control. BNM noted that while headline inflation has moderated, persistent core inflation pressures remain, particularly in the services sector. The central bank highlighted that the global economic outlook faces downside risks, including geopolitical tensions and slower growth in major economies. BNM stated it would continue to closely monitor inflation and economic growth data to ensure the appropriateness of monetary policy. Analysts widely expect the OPR to remain stable for the foreseeable future.
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