Malaysia kept interest rates unchanged on Thursday, and the country's central bank retained policy momentum in view of US President Trump's tariffs or risks to economic growth. The Bank of Malaysia maintains an overnight policy interest rate of 3%, which is in line with the predictions of 20 of the 25 economists surveyed. The rest are expected to cut interest rates by 25 basis points. “At the current level of overnight policy interest rates, the monetary policy position is in line with the current assessment of inflation and growth prospects,” the Bank of Malaysia said in a statement. The Bank of Malaysia said that in a situation where prices are stable, it will ensure that its monetary policy stance is still conducive to sustainable economic growth.

Malaysia kept interest rates unchanged on Thursday, and the country's central bank retained policy momentum in view of US President Trump's tariffs or risks to economic growth. The Bank of Malaysia maintains an overnight policy interest rate of 3%, which is in line with the predictions of 20 of the 25 economists surveyed. The rest are expected to cut interest rates by 25 basis points. “At the current level of overnight policy interest rates, the monetary policy position is in line with the current assessment of inflation and growth prospects,” the Bank of Malaysia said in a statement. The Bank of Malaysia said that in a situation where prices are stable, it will ensure that its monetary policy stance is still conducive to sustainable economic growth.