Research firms: Bank Negara to maintain OPR at 3.0pc this year to support domestic growth

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Bank Negara Malaysia Bnm News

Bank Negara Malaysia Opr Rates

KUALA LUMPUR, May 10 ― Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent throughout 2024, said research firms. Kenanga...

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“The upside risk on the inflation outlook remains tilted to the upside, particularly due to the potential impact of the targeted subsidy mechanism, which could increase price pressure if the government decides to float the fuel price at market rates.

Echoing Kenanga Research, Maybank Investment Bank Research said the OPR expectation parallels its current forecasts of moderate gross domestic product growth and upside risk to inflation.

Bank Negara Malaysia Opr Rates

 

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