# Malaysia central bank keeps rates on hold as inflation, growth cool

> Bank Negara Malaysia kept its overnight policy rate at 3.00%, in line with market expectations and following an unexpected hike in May. The central bank cited risks of weaker external demand. The article is a short excerpt.

- Date: 2023-09-07 · published 2023-09-07T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/34372-malaysia-central-bank-keeps-rates-on-hold-as-inflation-growth-cool
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Steady Malaysian rates have little direct effect on feed commodity supply or demand, so the impact on feed prices is minimal.

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/malaysia-cbank-keeps-rates-hold-inflation-growth-cool-2023-09-07/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.