Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. This move aims to balance inflationary pressures with economic growth requirements, ensuring stability and continuity in monetary policy. The central bank emphasized its data-dependent approach, monitoring global and domestic factors closely.
Bank Negara Malaysia (BNM), following its recent Monetary Policy Committee meeting, announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision aligns with the expectations of the vast majority of economists and market analysts. BNM stated that the current monetary policy stance supports sustained economic growth while ensuring inflation remains within manageable levels. Although global inflationary pressures have eased, domestic core inflation still requires close monitoring. BNM reiterated its commitment to a data-dependent approach, continuously assessing the impact of global and domestic economic developments on the inflation and growth outlook, and adjusting policy as necessary. This stable policy is expected to provide certainty for businesses and consumers, helping to solidify the economic recovery momentum.
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