# Bank Negara likely to keep OPR unchanged after US rate cut | Malay Mail

> Bank Negara Malaysia is expected to leave its overnight policy rate unchanged at its November 5 meeting, following the US Federal Reserve's third 25-basis-point cut in 2019. Research houses expect a wait-and-see approach, with a lower chance of a further Fed cut in December. Kenanga also flagged concern about Malaysia's growth outlook.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/56833-bank-negara-likely-to-keep-opr-unchanged-after-us-rate-cut-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Stable domestic rates and a steady ringgit have little direct price effect on feed grains, though weaker growth could reduce livestock and poultry feed demand over time.

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2019/10/31/bank-negara-likely-to-keep-opr-unchanged-after-us-rate-cut/1805440

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