Bank Negara Malaysia Expected to Maintain Overnight Policy Rate at 2.75% for 2026

Bank Negara Malaysia (BNM) is widely anticipated to keep its Overnight Policy Rate (OPR) at 2.75% for the remainder of 2026, with research houses citing firm growth and contained inflation. While a gradual normalization to 3% in 2027 is gaining traction due to a mildly hawkish shift in the latest Monetary Policy Committee (MPC) statement, the immediate case for a hike is considered insufficient.