FOREX TradingCharts.com

Financial News: Malaysia Central Bank Cuts Policy Rate For First

Malaysia Central Bank Cuts Policy Rate For First Time Since 2020

07/09/2025 - 08:00:00 (RTTNews)

(RTTNews) - Malaysia's central bank lowered its key interest rate for the first time in five years on Wednesday to underpin economic growth amid the ongoing trade tariff uncertainty.

The Monetary Policy Committee of Bank Negara Malaysia decided to reduce the Overnight Policy Rate by 25 basis points to 2.75 percent. The ceiling and floor rates of the corridor of the OPR were correspondingly reduced to 3.0 percent and 2.5 percent, respectively.

This was the first reduction in the policy rate since July 2020.

"The balance of risks to the growth outlook remains tilted to the downside, stemming mainly from a slower global trade, weaker sentiment, as well as lower-than-expected commodity production," the bank said in a statement.

The MPC said the reduction in the OPR is a pre-emptive measure aimed at preserving steady economic growth path amid moderate inflation prospects.

Inflation is expected to remain moderate this year amid contained global cost conditions and the absence of excessive domestic demand pressures. The overall impact of the announced and upcoming domestic policy reforms on inflation is forecast to be contained.

Although the domestic economy is on a strong footing, uncertainties surrounding external developments could affect growth prospects, the bank said.

In the first quarter, Malaysia's economic growth eased to 4.4 percent from 4.9 percent in the prior quarter. The International Monetary Fund forecast the Asian country's economy to grow 4.1 percent this year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Two-Year Note Auction Attracts Above Average Demand (10 min(s), 14 sec(s) ago)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story»

U.S. Consumer Confidence Index Edges Lower In August (03 hr(s), 02 min(s), 14 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Tuesday showing a modest deterioration by ...Full Story»

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected (03 hr(s), 13 min(s), 14 sec(s) ago)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story»

U.S. Durable Goods Orders Tumble Less Than Expected In July (04 hr(s), 37 min(s), 14 sec(s) ago)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story»

Hong Kong Trade Gap Widens In July (06 hr(s), 41 min(s), 14 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit increased in July from a year ago as imports gre ...Full Story»

French Consumer Sentiment Weakest Since 2023 (08 hr(s), 0 min(s),14 sec(s) ago)
(RTTNews) - France's consumer confidence weakened to the lowest level since October 2023 large ...Full Story»

Poland Jobless Rate Rises To 5-Month High (08 hr(s), 04 min(s), 14 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased further in July to the highest level in five ...Full Story»

Taiwan Industrial Output Grows Strongly; Retail Sales Fall Further (08 hr(s), 33 min(s), 14 sec(s) ago)
(RTTNews) - Taiwan's industrial production continued to expand sharply in July, while retail s ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Two-Year Note Auction Attracts Above Average Demand

08/26/2025 - 13:10 PM (RTTNews)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story>>

U.S. Consumer Confidence Index Edges Lower In August

08/26/2025 - 10:18 AM (RTTNews)
(RTTNews) - A report released by the Conference Board on Tuesday showing a modest deterioration by ...Full Story>>

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

08/26/2025 - 10:07 AM (RTTNews)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story>>

U.S. Durable Goods Orders Tumble Less Than Expected In July

08/26/2025 - 08:43 AM (RTTNews)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story>>

Hong Kong Trade Gap Widens In July

08/26/2025 - 06:39 AM (RTTNews)
(RTTNews) - Hong Kong's foreign trade deficit increased in July from a year ago as imports gre ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.