Bank Negara Malaysia (BNM) announced today it would maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. This decision is underpinned by stable inflation and consistent economic growth, indicating a balanced approach to monetary policy amidst global uncertainties and domestic recovery efforts.
Bank Negara Malaysia (BNM) announced today 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 and reflects BNM's assessment of the current economic situation. BNM noted that despite uncertainties in the global economic outlook, Malaysia's inflationary pressures have been effectively managed, with core inflation remaining at a controllable level. Concurrently, domestic economic activity continues to expand, the labor market remains robust, and both private consumption and investment have shown growth. BNM stated that the current monetary policy stance supports sustainable economic growth, striking a balance between price stability and economic expansion. Analysts anticipate that the OPR will remain stable in the foreseeable future, barring significant external shocks or inflationary pressures.
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