Malaysia keeps benchmark interest rate steady at 2.75%

Bank Negara Malaysia held its interest rate at 2.75 percent on Thursday. The decision marks a fifth straight pause as steady growth offsets energy supply risks.

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Malaysia kept its benchmark interest rate at 2.75% on May 7. All 28 economists surveyed by Reuters had predicted this outcome. The central bank cited modest inflation and steady domestic growth to offset energy supply disruptions from Middle East conflict.

Balancing Growth and Inflation Pressures

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