TheBNMQuarterlyBulletinpresentsaquarterlyreviewofMalaysia’seconomic,monetaryand nancialdevelopments. ItincludestheBank’slatestassessmentsonthedirectionoftheeconomygoingforward.TheBulletinalsoprovidesinsights oncurrenteconomicand nancialissues,includinghighlightsofpolicyinitiativesundertakenbyBankNegaraMalaysiain ...
Bank Negara Malaysia (BNM) unexpectedly raised its benchmark interest rate on Wednesday, citing a need to normalise monetary accommodation as the economy was resilient and it needed to manage persistent inflation. The overnight policy rate was raised by 25 basis points to 3 percent. A Reuters po...
In a press statement, BNM said that maintaining the OPR is vital to support domestic economic growth amid the elevated interest rate environment globally. “At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of the ...
TheBNMQuarterlyBulletinpresentsaquarterlyreviewofMalaysia’seconomic,monetaryand nancialdevelopments. ItincludestheBank’slatestassessmentsonthedirectionoftheeconomygoingforward.TheBulletinalsoprovidesinsights oncurrenteconomicand nancialissues,includinghighlightsofpolicyinitiativesundertakenbyBankNegaraMalaysiain pursuitofits...
In a statement today, the MPC considered the stance of monetary policy to be “appropriate and accommodative”. It added that fiscal and financial measures would continue to cushion the economic impact on businesses and households and provide support to economic activity. ...
It said that at the current OPR level, the stance of the monetary policy would remain accommodative and supportive of economic growth. Source:FreeMalaysiaToday.com Join ourTelegram Channelnow to receive instant update on Penang latest projects and property news...
With the domestic growth on a firmer footing, the MPC decided to reduce the degree of monetary accommodation. This will be done in a measured and gradual manner, ensuring that monetary policy remains accommodative to support sustainable economic growth in an environment of price stability. ...