CIMB Securities Sdn Bhd anticipates Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.75 per cent on July 9, 2025
KUALA LUMPUR: CIMB Securities Sdn Bhd anticipates Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.75 per cent on July 9, 2025, by-passing the Monetary Policy Committee (MPC) meeting in May.
It said in a note today that the move would serve to allow the central bank to assess more incoming data, particularly related to external trade following the Liberation Day tariffs, including the first quarter of 2025 gross domestic product (GDP) announcement on May 16, April’s external trade (May 20) and May’s external trade (June 20) data.
“Trade negotiations with the United States (US) are still ongoing.
