Bank Negara Malaysia (BNM) today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. This move was widely anticipated by the market, with BNM signaling continued vigilance on inflation and economic growth data.
Bank Negara Malaysia (BNM) today announced that its Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision aligns with broad market expectations, reflecting BNM's stance to balance supporting economic growth with containing inflation. In its statement, BNM noted that despite uncertainties in the global economic outlook, Malaysia's economic activity is projected to continue expanding, primarily driven by domestic demand. Concurrently, the central bank will closely monitor inflation trends, particularly potential pressures on core inflation. Analysts believe BNM may reassess its monetary policy stance in the latter half of the year, depending on economic data and global trends.
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