Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3.00%, unchanged since May 2023, aligning with the expectations of 24 out of 30 economists polled by Reuters. The central bank stated that the current OPR supports its inflation and growth outlook, with the Monetary Policy Committee (MPC) remaining vigilant to economic risks. Global growth and trade are expected to continue, driven by domestic demand, strong job markets, looser monetary policies, and government spending. However, uncertainties from new US tariffs, trade negotiations, and geopolitical tensions pose risks to global growth and could increase volatility in financial markets.
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Bank Negara maintains OPR at 3%
The central bank stated that the current OPR supports its inflation and growth outlook, with the MPC remaining vigilant to economic risks
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