Bank Negara Malaysia (BNM) announced today that it would maintain the Overnight Policy Rate (OPR) at 3.00%, in line with market expectations. The central bank emphasized its continued vigilance on inflation trends and the impact of global economic growth on domestic conditions, ensuring the appropriateness of monetary policy.
Bank Negara Malaysia (BNM) today released a statement announcing that its Monetary Policy Committee (MPC) decided to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision was in line with the expectations of most economists. BNM noted that the current monetary policy stance is 'supportive and non-inflationary'. The central bank stated that it would continue to monitor domestic inflationary pressures and the global economic growth outlook to assess their impact on the Malaysian economy. While core inflation has eased, external risks and potential supply chain disruptions still warrant vigilance. Analysts believe that BNM will adopt a wait-and-see approach for the foreseeable future, making a short-term rate adjustment unlikely unless there are significant surprises in economic data.
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