Bank Negara Malaysia’s Monetary Policy Committee decided to keep the Overnight Policy Rate (OPR) unchanged at 2.75%. The statement noted that global growth in 2025 was higher than expected, supported by lower-than-anticipated tariffs, higher artificial intelligence-led technology spending and stronger fiscal support. For 2026, while tariffs could weigh on activity, the global outlook was described as resilient, underpinned by sustained domestic demand, moderating inflation, robust tech investment and supportive fiscal and monetary policies, with risks from potentially higher tariffs, escalating geopolitical tensions, heightened market volatility and elevated financial market valuations. For Malaysia, growth in 2025 is expected to be around the upper end of the forecast range and to continue in 2026 on resilient domestic demand, with household spending supported by employment, wage growth and income-related policy measures, and investment driven by progress in multi-year projects in both the private and public sectors.
Bank Negara Malaysia 2026-01-22
Bank Negara Malaysia maintains the Overnight Policy Rate at 2.75%
Bank Negara Malaysia's Monetary Policy Committee has maintained the Overnight Policy Rate at 2.75%, citing resilient global and domestic economic outlooks for 2026, supported by robust tech investment, fiscal and monetary policies, and strong domestic demand.