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Bank Negara signals readiness to cut OPR

The Star LogoThe Star15h ago

Bank Negara signals readiness to cut OPR - The Star

Quick Summary:

Bank Negara is playing a waiting game as it delayed a cut to its benchmark interest rate, despite cautioning that the risks to economic growth are "tilted to the downside".

The latest Monetary Policy Statement (MPS) sounded dovish, which according to economist Lee Heng Guie, signals Bank Negara’s readiness to cut interest rates should the economy slow down significantly.

The balance of risks to the growth outlook is tilted to the downside, stemming mainly from a deeper economic slowdown in major trading partners, weaker sentiment amid higher uncertainties affecting spending and investments, as well as lower-than-expected commodity production.

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Article Details

Author / Journalist: GANESHWARAN KANA

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 00:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 1074 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28498885

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 46 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 29 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Bank Negara signals readiness to cut OPR" has 1074 words across 33 sentences, which will take approximately 5 - 9 minutes for the average person to read.

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The story "Bank Negara signals readiness to cut OPR" was covered 15 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 46 news stories per day.

It's most recent story was published 29 minutes ago.

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  • News ID: #28498885
  • URL: https://ruralization.beamstart.com/news/bank-negara-signals-readiness-to-17467346304049

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