0946 GMT - The neutral tone struck by Malaysia's central bank at its latest meeting reinforces UOB economists' view that Bank Negara Malaysia is likely to keep its policy rate at 2.75% for now. Policymakers held rates steady again and delivered a balanced policy statement, with a clear delineation of economic risks and tailwinds, UOB's Julia Goh and Loke Siew Ting say. While there were no surprises, there were some additions that shed light on the bank's thinking. UOB notes that BNM mentioned concerns over high valuations in financial markets, that trade talks had dispelled some uncertainty and that measures under Malaysia's 2026 budget will support growth. Notably, for a second straight meeting, there was no mention of the ringgit despite its appreciation against the dollar. The next meeting is set for Jan. 22. (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
November 06, 2025 04:46 ET (09:46 GMT)
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