{
  "id": 18269355,
  "title": "Bank Negara leaves OPR unchanged at final 2026 MPC meeting",
  "url": "https://urgent.news/2026/11/05/bank-negara-leaves-opr-unchanged-at-final-2026-mpc-meeting",
  "topic": "world",
  "section": "World",
  "published": "2026-11-05T07:01:17.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/11/1571412/bank-negara-leaves-opr-unchanged-final-2026-mpc-meeting"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: Bank Negara Malaysia kept the overnight policy rate (OPR) at 2.75% at its final Monetary Policy Committee (MPC) meeting of 2026. The central bank highlighted robust global growth, driven by strong technology investments and stable labor markets. For Malaysia, recent indicators showed continued economic growth momentum in Q3 2026, fueled by solid exports and domestic demand. This growth is projected to exceed 5% in 2026, with strong economic fundamentals expected to sustain this growth in 2027. The external sector, bolstered by the global tech boom and robust tourism spending, will remain a key growth driver. Stable labor markets, ongoing investments, and potential budget measures are anticipated to further boost private consumption. However, the outlook is contingent on risks from a prolonged Middle East conflict and lower commodity production. Upside potential could stem from better-than-expected global growth, stronger tech-related exports, and increased tourism activity. Bank Negara affirmed that the current OPR is suitable to maintain price stability and sustainable growth, with the MPC remaining attentive to evolving conditions impacting domestic inflation and growth. In Malaysia, headline and core inflation were 1.8% and 1.9% respectively in the year-to-date. Global inflation has risen due to higher energy costs and is expected to stay elevated as businesses pass on increased costs to consumers. In Malaysia, headline and core inflation averaged 1.8% and 1.9% respectively in the year to date. The central bank noted that geopolitical uncertainties and persistent inflationary pressures could hurt global growth, though stronger tech-related spending and easing supply constraints could mitigate this impact. Downside risks to global growth persist due to prolonged geopolitical tensions, tighter global financial conditions, valuation concerns, and fiscal vulnerabilities. Upside potential could arise from stronger tech spending and a faster supply chain recovery. Inflationary pressures are projected to rise in 2027 due to geopolitical uncertainties, higher global commodity prices, and adverse weather conditions, leading to a gradual increase in both headline and core inflation. However, these are expected to remain modest, supported by ongoing domestic policy measures and stable demand.",
  "summary": "KUALA LUMPUR: Bank Negara Malaysia has maintained the overnight policy rate (OPR) at 2.75 per cent at its final Monetary Policy Committee (MPC) meeting of 2026.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "No rate change from BNM as year’s final MPC meeting wraps up",
        "url": "https://urgent.news/2026/11/05/no-rate-change-from-bnm-as-years-final-mpc-meeting-wraps-up",
        "published": "2026-11-05T07:41:37.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}