Keeping a lid on inflation

MIDF Amanah Investment Bank's Abdul Mui’zz said the central bank would most likely focus on supporting the economy while keeping the OPR at 3%.

PETALING JAYA: The Overnight Policy Rate (OPR) is expected to remain at 3%, given the muted rate of inflation in Malaysia despite uncertainty over the interest rate direction in the United States.

MIDF Amanah Investment Bank Bhd senior economist Abdul Mui’zz Morhalim did not expect any hike in the OPR because Malaysia’s inflation levels had remained under control.