All nine economists surveyed by the media expect Bank Negara Malaysia to keep its benchmark policy rate unchanged at 2.75% on Thursday.

Goldman Sachs stated in a report that Malaysia’s inflation remains under control, thanks to government fuel subsidies that have cushioned the impact of rising global energy costs on the country’s economy. The institution said that the recent cut in subsidized diesel prices is also expected to further ease price pressures. Goldman Sachs added that, in this context, Malaysia’s central bank may keep its monetary policy unchanged.