Bank Negara Malaysia (BNM)โs Monetary Policy Committee (MPC) has raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on Thursday (Sept 8), in line with expectations for further normalisation of monetary policy as the countryโs economic growth and inflation gain momentum. This is the MPCโs third consecutive 25bps OPR hike this year, in line with 17 economistsโ forecast...