KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to extend its rate pause pending finer details on fuel subsidy rationalisation plans, keeping the overnight policy rate (OPR) at 3.0 per cent at the upcoming monetary policy meeting on May 9, said CIMB Treasury and Markets Research.
It also expects monetary policy to remain at the status quo and maintain its end-2024 OPR forecast of 3.00 per cent.
