PETALING JAYA: Bank Negara’s Monetary Policy Committee has maintained the overnight policy rate (OPR) at 3.25%, which is within economists’ expectations, while expecting inflation to be stable this year.
In the immediate term, it said inflation is expected to remain low mainly due to policy measures such as a lower ceiling price on retail fuel prices until mid-2019 and the impact of the changes in the consumption tax policy on headline inflation.
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