Bank Negara remains data-driven in assessing inflation, growth outlook

Bank Negara remains data-driven in assessing inflation, growth outlook

The Star Online - Business·2025-03-26 19:05

KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.

While several central banks have recently started cutting policy interest rates, BNM's monetary policy remains guided by Malaysia’s specific economic condition, he said.

"We are aware of what other central banks are doing, but our primary focus when determining monetary policy is the outlook for growth and inflation in our own economy,” he said at the 2025 BNM Governor’s Address on the Malaysian Economy and Panel Discussion, organised by the Malaysian Economic Association.

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