BNM began standardising its MPC statement format in 2010. There are five paragraphs in total: (i) the OPR decision; (ii) the current global economic conditions and future outlooks; (iii) the current domestic economic conditions and future outlooks; (iv) current inflation and the committee's view on its future path; and (v) the stance of monetary policy In the following video, I compare the MPC statements issued in November 2021 and January 2022. I demonstrate the main differences between the statements and explain our central bank's main concerns.