Surprise! No OPR Increase.

Julia Goh, Senior Economist, UOB Malaysia

20-Jan-23 08:30

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Bank Negara Malaysia surprised markets by keeping the overnight policy rate at 2.75 percent yesterday. It revealed that data showed Malaysia recorded economic expansion in the last quarter of 2022 and headline inflation moderated slightly from high levels in recent months. However, with the FED still sticking to its hawkish stance, will we see BNM hiking the OPR in the coming months? For answers, we speak Julia Goh, Senior Economist, UOB Malaysia.

Image credit: Shutterstock

Produced by: Sim Wie Boon

Presented by: Chong Tjen San, Wong Shou Ning, Philip See

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Categories: economy, government

Tags: bank negara malaysia, opr rates, monetary policy,

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