Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 3.00% during its Monetary Policy Committee meeting on Thursday, aligning with market expectations. While inflationary pressures have shown signs of easing, the central bank remains cautious regarding global economic uncertainties and their potential impact on domestic inflation. This decision aims to support sustainable economic growth.
Bank Negara Malaysia (BNM) announced yesterday 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. In its statement, BNM noted that while core inflation has moderated, downside risks to the global economic outlook persist, potentially affecting Malaysia's growth and inflation trajectory. The central bank emphasized its commitment to continuously monitor inflation and economic growth dynamics to ensure an appropriate monetary policy stance. This move aims to balance economic growth with price stability, providing a stable interest rate environment for businesses and consumers.
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