BNM Maintains OPR, Inflation Outlook Under Scrutiny

February 5, 2026
Economy
Bloomberg

On February 5, 2026, Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. The market is now closely scrutinizing BNM's latest assessment of inflation and economic growth, anticipating future policy cues.

On February 5, 2026, Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. In its statement, BNM noted that the current monetary policy stance remains supportive of economic growth while being consistent with the inflation outlook. Despite downside risks facing the global economy, domestic demand is projected to remain resilient. BNM emphasized its commitment to continuously monitor inflation dynamics and global economic developments to ensure the appropriateness of monetary policy. Analysts believe BNM's cautious approach reflects its balancing act between supporting economic recovery and containing potential inflationary pressures. The trajectory of inflation data in the coming months will be a key factor in BNM's future policy adjustments.
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