<div id="readability-page-1"><div> By Ying Xian Wong <pre></pre> KUALA LUMPUR, Malaysia--Malaysia's central bank once again left interest rates unchanged as inflation remains contained and the economy shows resilience amid disruptions caused by the Middle East conflict. Bank Negara Malaysia kept its overnight policy rate at 2.75% on Thursday, holding steady since it delivered a 25-basis-point cut in July last year. The decision was forecast by all eight economists polled by The Wall Street Journal. As one of Asia's few net energy exporters, Malaysia is better positioned than many of its regional peers to absorb energy shocks, although its reliance on imported crude oil from the Middle East still leaves it exposed to some risk. The central bank noted uncertainties arising from the ongoing Middle East conflict, saying the impact on the global and Malaysian economies will depend on how the situation develops. &#34;At the current OPR level, the MPC considers the monetary policy stance to be appropriate and consistent with the outlook of continued price stability and sustainable economic growth,&#34; Bank Negara said in a statement. The economy likely sustained growth momentum in the first quarter, supported by resilient domestic demand and strong exports, the central bank said. Despite uncertainties linked to the Middle East conflict, strong fundamentals should sustain the economy's resilience, it added, noting employment and wage growth will continue to support household spending, with investment backed by public and private sector projects. BNM sees exports likely to benefit from robust electrical and electronics shipment as contribution from tourism remains steady but moderate. Domestic inflation is seen to be pushed higher from higher global commodity prices as the conflict in the Middle East continues. The central bank sees headline and core inflation to remain contained in 2026, as domestic policies and stable demand mitigate the pass-through of these external costs. With ongoing disruptions in the Strait of Hormuz, the Malaysian government noted that the country has enough fuel supplies to meet domestic demand through June. The government is spending roughly 5 billion ringgit a month, equivalent to about $1.27 billion, to subsidize RON95, the nation's most widely used petrol grade, helping to keep domestic inflation in check. But that relief comes at a cost, HSBC economists Yun Liu and Madhurima Nag said. They said the rising subsidies bill is putting pressure on Malaysia's fiscal position and could jeopardize the government's 2026 budget-deficit target of 3.5% of gross domestic product. Capital Economics sees such measures, coped with consumer spending and data-center investment to boost demand, expecting growth to &#34;hold up pretty well,&#34; said senior Asia economist Gareth Leather. Leather expects BNM to hold rates steady throughout 2026, adding inflation sits at &#34;a level with which policymakers are likely to be very comfortable.&#34; <pre></pre> Write to Ying Xian Wong at yingxian.wong@wsj.com <pre></pre> (END) Dow Jones Newswires May 07, 2026 04:09 ET (08:09 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

1560

馬來西亞 MSCI ETF - iShares

HMYR

馬來西亞中央銀行——馬來西亞國行在通脹得到控制和經濟韌性的情況下，儘管受到中東衝突的干擾，仍將隔夜政策利率維持在 2.75%。這一決定與經濟學家的預測一致，反映了馬來西亞作為淨能源出口國的地位，儘管其仍然容易受到油價波動的影響。該銀行預計，國內需求和出口將支持經濟持續增長，同時預計到 2026 年通脹將保持在可控範圍內，得益於政府的補貼。然而，補貼成本的上升可能會影響財政目標

Malaysia Central Bank Holds Steady as It Gauges Mideast War Impact—Update

- 馬來西亞中央銀行維持利率在 2.75% 不變，以應對通脹和經濟韌性。  
- 儘管中東衝突帶來不確定性，馬來西亞經濟在國內需求和出口支持下持續增長。  
- 政府通過補貼控制通脹，但增加的財政支出可能影響預算目標。

MorningStar

Nomura Holdings, Inc.

HSBC MSCI Malaysia UCITS ETF

匯豐控股

滙豐

匯豐控股有限公司

HSBC 5xShortSG241213

馬來西亞央行維持利率不變，以評估中東戰爭的影響——更新