BNM governor says OPR cut pre-emptively to preserve steady growth path
Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course.
REITs see sentiment boost from OPR cut, but valuations already reflected move—analysts
Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd.
Economists split on further OPR cuts in 2025 as BNM turns dovish
Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis.
Anwar hails BNM’s OPR cut
Prime Minister Datuk Seri Anwar Ibrahim said the Monetary Policy Committee’s (MPC) move was based on careful assessments of current economic and inflation forecasts.
BNM may move to shield economy from external headwinds, economists lean towards rate cut
About half of 23 economists polled predict a cut from 3%, while the rest expect the central bank to stand pat.
HLIB sees BNM cutting OPR by 25 bps in second half of year
Leading loan indicators were also mixed—loan approvals rose, applications moderated and disbursements declined.
Moody’s: BNM likely to hold OPR at 3%, September cut dependent on inflation and Fed's move
"If the Fed stays on hold for longer, or the unwinding of fuel subsidies sends inflation too high, BNM may be content to keep the OPR at 3%.
BNM keeps overnight policy rate steady, flags rising downside risks to growth
BNM noted that while the global economy is still expanding, the recent US tariffs and retaliatory measures have negatively impacted the outlook for global trade and growth.
Elevated office vacancy rates persist as supply outpaces demand, BNM says
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
Housing loan growth slowed in 2024, impairment ratio remained low, says BNM
Overall outstanding housing loans grew by 6.
