BMI expects Bank Negara to hold OPR at 3.0pc at January 22 meeting

Q: How long will it take to read this news story?

The story "BMI expects Bank Negara to hold OPR at 3.0pc at January 22 meeting" has 418 words across 13 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "BMI expects Bank Negara to hold OPR at 3.0pc at January 22 meeting" was covered 8 hours ago by Malay Mail, a news publisher based in Malaysia.

Q: How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news. The outlet is headquartered in Malaysia and publishes an average of 12 news stories per day. It's most recent story was published 59 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25027139</li><li>URL: https://beamstart.com/news/bmi-expects-bank-negara-to-17364864344894</li></ul>

Malay Mail Logo Malay Mail 8h ago

BMI expects Bank Negara to hold OPR at 3.0pc at January 22 meeting - Malay Mail

Quick Summary:

KUALA LUMPUR, Jan 10 — Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent du...

The research firm believed that BNM confidence is in line with the recent upward revisions of its 2024 and 2025 growth forecasts of 5.0 per cent and 4.7 per cent, respectively.“Our forecasts are broadly in line with policymakers’ recent upward revision to the 2024 real gross domestic product (GDP) growth forecast to 4.8-5.3 per cent (4.0-5.0 per cent previously) and sits towards the upper end of the government’s 2025 real GDP growth target of 4.0-5.0 per cent.“Regardless, Malaysia’s resilient growth outlook suggests that the bank can leave interest rates unchanged to preserve policy space, instead of acting in the event of a negative shock to the economy,” it added.

KUALA LUMPUR, Jan 10 — Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.