Bank Negara Malaysia kept the Overnight Policy Rate (OPR) unchanged at 3.00%, aligning with market expectations. The central bank noted easing inflationary pressures and resilient domestic economic growth, providing stability.
Bank Negara Malaysia (BNM) announced today its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, a move that was widely anticipated by the market. In its statement, the central bank noted that while the global economic outlook continues to face challenges, inflationary pressures in Malaysia have eased, with core inflation remaining at manageable levels. Concurrently, domestic economic growth remains resilient, supported by a continuously improving labour market. BNM stated that the current monetary policy stance is aimed at supporting sustainable economic growth while ensuring price stability. Analysts expect BNM to continue adopting a wait-and-see approach in the foreseeable future, assessing global economic developments and domestic inflation trends, with a low probability of further interest rate adjustments in the short term.
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