BNM keeps OPR at 3%
This is the fourth time that the MPC has decided to maintain the OPR at 3% since July 2023.
HBA’s views — the status quo on OPR by BNM
“The real danger is when borrowers are already struggling to service the monthly loan instalment before the OPR increase, they will definitely find it very difficult to pay for even the slightest increase in loan instalments.
Economists divided on BNM's next OPR decision
In its recent OPR announcement, BNM highlighted that Malaysia’s GDP measure for 2023 indicates an improvement in the nation’s economic activity.
BNM keeps OPR at 3% in last MPC meeting of 2023
This is despite calls from some quarters for the central bank to raise the key interest rate to help stabilise the ringgit, which is near a 25-year low against the US dollar.
Raising OPR not an effective tool to strengthen ringgit, say economists
The last time Bank Negara Malaysia raised the OPR was in May, instituting a 25 bps hike to 3%, from 2.
BMI expects OPR to stay at 3% until 2024 amid easing inflation, slow economic growth
The projection was driven by the ease of headline inflation year on year (y-o-y) to 2% in July 2023, from 2.
BMI: Bank Negara to begin cutting rates in early 1H2024
“Looking ahead, we believe that the BNM will be wary of loosening monetary policy too soon.
BNM keeps OPR at 3%, sees inflation moderating in 2H
This is the third consecutive time that the OPR has been at 3%.
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Lending rates may be up, but experts still optimistic on housing market
“I am cautiously optimistic on the Malaysia property market going forward in the short-term perspective.
As June inflation cools to 14-month low, economists mixed on BNM's OPR plans
MIDF Research, however, thinks that the steady domestic demand and sticky core inflation that lingered above 3% — as opposed to the pre-pandemic average of 1.
