Bank Negara expected to keep OPR at 3% in 2025

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KUALA LUMPUR: Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.

Following Donald Trump’s recent election victory, it foresees US economic policy in 2025 concentrating on tariffs and tax changes.

"We project the Consumer Price Index to increase to 2.7 per cent in 2025 from an estimated 1.9 per cent in 2024, within Ministry of Finance’s expected range of 2.0-3.5 per cent,” HLIB said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: RON95 OPR Banking Public Investment Bank BNM Bank Negara Monetary Policy /Business/Business News HLIB

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 11:20:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23455583

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