Malaysia: Policy rate seen on hold – DBS DBS Group Research, led by Chief Economist Taimur Baig, expects Bank Negara Malaysia to keep its Overnight Policy Rate at 2.75% at the final 2026 meeting.
The report highlights contained inflation within the official 1.5-2.5% range, strong GDP and export performance, and fuel subsidies limiting cost pass-through, suggesting monetary policy normalisation can be delayed until