Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 3.00% in its latest Monetary Policy Committee meeting, signaling easing concerns over inflationary pressures. The decision was widely anticipated by economists, who believe the current rate is appropriate to support economic growth while managing price stability.
Bank Negara Malaysia (BNM), at the conclusion of its Monetary Policy Committee (MPC) meeting today, decided to maintain the Overnight Policy Rate (OPR) at 3.00%, as widely anticipated by the market. BNM stated that the current monetary policy stance is supportive of economic growth while ensuring price stability. The statement noted that despite challenging global economic prospects, Malaysia's economic growth remains resilient, with easing inflationary pressures. Core inflation is projected to remain at a manageable level. This decision provides a stable signal to the market and supports the ongoing recovery in domestic consumption and investment. Analysts generally believe that BNM will continue to hold rates steady for the foreseeable future unless there are significant shifts in economic data or global conditions.
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