Malaysia holds its key interest rate steady at 2.75 percent
Malaysia kept its policy rate at 2.75 percent on Thursday. Officials warned that the Middle East conflict poses risks to domestic growth and price stability.
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Malaysia kept its benchmark interest rate unchanged at 2.75% during its fifth consecutive policy meeting on Thursday. The decision matches forecasts from all 28 economists polled by Reuters and follows the last rate cut in July 2022. Investors are monitoring how Middle East tensions and rising commodity costs might force a policy shift later this year.
