Malaysia's key overnight policy rate likely to remain at 3.25%


  • Economy
  • Monday, 03 Dec 2018

PETALING JAYA: Despite inflationary pressure building up, the overnight policy rate (OPR) is expected to be maintained at 3.25% next year if gross domestic product (GDP) growth does not slide below 4%, according to economists.

When contacted by StarBiz, many of them concurred that inflationary pressure would build up but it would unlikely to justify a hike in the OPR. They are projecting inflation to rise by between 1.8% and 2.7% next year.

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Business , inflation , OPR , interest , rate , ecoonmy , growth , GDP ,

   

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