Bank Negara Malaysia (BNM) announced on Friday its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. The central bank noted that inflation pressures remain manageable, supporting a stable monetary policy stance for the near term.
Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00% during its Monetary Policy Committee (MPC) meeting on Friday. This decision was in line with the expectations of most economists, reflecting the central bank's assessment of current economic conditions. In its statement, BNM noted that despite uncertainties in the global economic outlook, Malaysia's economic growth remains resilient, and inflation pressures are within a manageable range. Core inflation is projected to remain moderate, while headline inflation is influenced by government subsidy policies and global commodity prices. The central bank emphasized its commitment to continuously monitor global and domestic economic developments to ensure the appropriateness of its monetary policy.
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