Bank Negara Malaysia (BNM) announced today it would maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. The central bank emphasized the critical balance between controlling inflation and fostering sustainable economic growth, indicating a cautious approach to monetary policy.
Bank Negara Malaysia (BNM) today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00% following its Monetary Policy Committee (MPC) meeting. This decision aligns with broad market expectations, reflecting BNM's commitment to balancing inflation control with supporting economic growth amidst current global economic uncertainties. In its statement, BNM noted that while global inflationary pressures have eased, domestic core inflation still requires close monitoring. Concurrently, the Malaysian economy is projected to continue benefiting from robust domestic demand and stable exports. Analysts believe this move by BNM aims to provide policy stability and preserve policy space for future economic developments. The market will closely monitor BNM's further guidance on the future inflation and growth outlook.
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