Bank Negara Malaysia (BNM) has held the Overnight Policy Rate (OPR) steady at 2.75%, as widely expected by economic analysts and market watchers ahead of today’s Monetary Policy Committee (MPC) meeting.
The decision comes after the central bank’s most recent rate cut on 9 July 2025, when it reduced the OPR from 3.00% to 2.75% to provide additional support for the economy.
IPP Wealth Managers Ltd’s chief economist, Mohd Sedek Jantan, highlighted that a combination of low inflation (1.2%) and moderate unemployment (3.0%) affords BNM the flexibility to maintain an accommodative stance without fueling inflationary risks.
- Advertisements -
“At the current OPR level, the MPC considers the monetary policy stance to be appropriate and supportive of the economy amid price stability.
The MPC will continue to monitor ongoing developments and assess the balance of risks surrounding the outlook for domestic growth and inflation.”
- Advertisements -
