Bank Negara Malaysia (BNM) announced today that it will maintain the Overnight Policy Rate (OPR) at 3.00%. The decision was widely anticipated by economists, reflecting BNM's strategy to balance persistent inflation risks with supporting sustainable domestic economic growth.
Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) decided today to maintain the Overnight Policy Rate (OPR) at 3.00%. This marks the fifth consecutive meeting where the rate has been held steady, aligning perfectly with consensus expectations among economists. In its statement, BNM noted that the current monetary policy stance remains supportive and consistent with the economic outlook. While the global economic outlook faces challenges, domestic demand remains resilient, and core inflation is projected to stay within manageable limits. BNM emphasized that future policy adjustments will depend on the domestic inflation trajectory and global economic developments, but the immediate priority is ensuring price stability and sustainable economic growth.
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