Malaysia's central bank unexpectedly increased its key interest rate on Wednesday, aiming to bring down persistently high inflation amid firm demand conditions in the domestic economy.The Monetary Policy Committee of Bank Negara Malaysia decided to hike the Overnight Policy Rate by 25 basis points to 3.00 percent.The ceiling and floor rates of the corridor of the OPR are correspondingly increased ...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.