Bank Negara: OPR Holds, GDP Outlook Cautious But Positive

Yesterday, Bank Negara Malaysia’s Monetary Policy Committee maintained the Overnight Policy Rate (OPR) at 2.75%. According to the MPC’s statement, while global growth remains resilient, geopolitical tensions in the Middle East have introduced risks through rising energy prices and supply chain disruptions. Conversely, a strong tech expansion and pro-growth policies offer upside potential. Having said that, what signs should we be watching for the health of the economy, and will BNM continue to hold rates for the foreseeable future?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.