Financial News: Malaysia Central Bank Keeps Rate Steady

Malaysia Central Bank Keeps Rate Steady

09/03/2026 - 06:57:00 (RTTNews)

(RTTNews) - Malaysia's central bank retained its key interest rate for the seventh straight policy session on Thursday.

The Monetary Policy Committee of Bank Negara Malaysia decided to maintain the Overnight Policy Rate at 2.75 percent.

The previous change in the policy was a quarter-point reduction in July 2025, which was the first cut in five years.

"At the current OPR level, the MPC considers the monetary policy stance to be consistent with the outlook of continued price stability and sustainable economic growth," the bank said in a statement.

Despite elevate costs and robust economic growth, the pass-through to consumer prices has been contained by domestic policy measures and stable demand conditions amid limited spillover of external sector strength to wages, policymakers observed. In the first seven months of the year, headline and core inflation averaged 1.8 percent and 2 percent, respectively.

The bank expects the economy to grow around 5 percent this year. The economy's sound fundamentals are expected to keep growth resilient in 2027, the bank added.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Rate Decision On Tap For Tuesday (01 hr(s), 55 min(s), 49 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting and then announ ...Full Story»

New Zealand Building Consents Sink 7.9% In September (02 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjus ...Full Story»

U.S. Construction Spending Unexpectedly Pulls Back Sharply In September (08 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - Construction spending in the U.S. unexpectedly pulled back sharply in the month of Sep ...Full Story»

U.S. Manufacturing Index Increases More Than Expected In October (08 hr(s), 41 min(s), 49 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Monday showing its reading on ...Full Story»

Greece Factory Growth Sustains In October (10 hr(s), 10 min(s), 49 sec(s) ago)
(RTTNews) - Greece's manufacturing sector logged a further improvement in operating conditions ...Full Story»

Poland Manufacturing Activity Stabilizes In October (11 hr(s), 09 min(s), 49 sec(s) ago)
(RTTNews) - Poland's manufacturing conditions remained stable in October, ending a period of d ...Full Story»

Turkish Manufacturing Downturn Deepens In October (12 hr(s), 12 min(s), 49 sec(s) ago)
(RTTNews) - The manufacturing activity in Turkey deteriorated at the fastest pace in four months i ...Full Story»

UK Manufacturing Growth Strongest In 5 Months (13 hr(s), 03 min(s), 49 sec(s) ago)
(RTTNews) - The UK manufacturing activity expanded the most in five months in October as output an ...Full Story»