Bank Negara expected to maintain OPR at 3% for next 6-12 months - Kenanga Research

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent for the next six to 12 months, given the persistent downward trajectory of both headline and core inflation.

However, looking ahead, the possibility of price shifts in food and commodities due to the uncertainties surrounding government policies, geopolitical risks and weather conditions could significantly impact the inflation outlook, Kenanga Research said in a note today.