Bank Negara Malaysia (BNM) announced today its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. This move aims to strike a balance between managing inflation and supporting economic growth, as domestic demand remains resilient while global uncertainties persist.
Bank Negara Malaysia (BNM) announced today that its Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision was in line with broad market expectations, reflecting BNM's prudent stance in balancing inflation management with supporting economic growth amidst the current economic landscape. In its statement, BNM noted that despite challenges in the global economic outlook, Malaysia's domestic demand remains resilient, and the labor market continues to improve. Inflation is projected to stay within manageable levels, though potential upside risks warrant vigilance. Analysts generally believe BNM will continue to adopt a data-driven monetary policy to respond to evolving economic conditions.
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