Economists see BNM holding OPR through 2026, with gradual rate normalisation next year - The Edge Malaysia
Economists see BNM holding OPR through 2026, with gradual rate normalisation next year The Edge Malaysia
The Edge Malaysia · July 23, 2026 at 1:01 AM
KUALA LUMPUR, 23 JULY 2026 —
KUALA LUMPUR, July 9 - Economists expect Bank Negara Malaysia (BNM) to maintain its Overnight Policy Rate (OPR) for the remainder of 2026, with a gradual rate normalisation anticipated to begin next year. The forecast suggests that BNM will keep its monetary policy stance steady in the short term.
The expected holding of OPR rates is significant for Malaysia as it may influence borrowing costs, consumer spending, and overall economic growth. Details on the specific timing and pace of the rate normalisation are not yet available. The development is being closely watched by market participants and businesses in Malaysia, as it may have implications for investment decisions and financial planning.
Related: Bank Negara Malaysia (BNM) · KUALA LUMPUR