Bank Negara Malaysia (BNM) announced today that it would maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. Despite the hold, BNM emphasized its continued vigilance over inflation risks, indicating that future monetary policy decisions would remain data-dependent and responsive to evolving economic conditions and price pressures.
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%. This move was in line with the expectations of most economists, reflecting BNM's efforts to balance economic growth support with inflation control. In its statement, BNM noted that despite uncertainties in the global economic outlook, Malaysia's domestic economic activity is projected to remain resilient. However, the central bank also highlighted that inflationary pressures persist, particularly concerning food and energy prices. Future adjustments to monetary policy will continue to be data-dependent and responsive to the evolving economic data and inflation outlook. The market generally views BNM's decision as an attempt to provide a stable monetary environment to support business investment and consumer spending.
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