KUALA LUMPUR: RAM Rating Services Bhd projects base-case inflation of 3.8% to 4.0% for 2015 compared to the 3.5% headline inflation expected this year.
It said on Tuesday its assessment of the direction of fiscal and monetary policies pointed to at least another round of fuel-price increases and electricity-tariff adjustments, as well as a further 25-bp lifting of the Overnight Policy Rate (OPR) to 3.50%.
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