Bank Negara Malaysia (BNM) announced today it would maintain the Overnight Policy Rate (OPR) at 3.00%, a decision widely anticipated by the market. BNM stated it would continue to closely monitor the inflation outlook and economic growth prospects, emphasizing a data-dependent approach to future monetary policy adjustments.
Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) concluded its meeting today by announcing that the benchmark Overnight Policy Rate (OPR) would be maintained at 3.00%. This decision was in line with the expectations of most economists. In its statement, BNM noted that the current monetary policy stance is supportive of economic growth while ensuring price stability. While the global economic outlook faces uncertainties, the Malaysian economy is projected to continue its moderate expansion. BNM emphasized it would continue to assess the latest data and information to ensure the monetary policy stance remains appropriate and stands ready to adjust if necessary to address inflation risks and support sustainable growth.
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