KUALA LUMPUR: S&P Global Ratings (S&P) anticipates Malaysia’s policy rate to increase by 50 basis points (bps) or less this year due to the inflationary impact of the Russia-Ukraine conflict and capital outflow pressure, amid a more hawkish United States (US) Federal Reserve (Fed).
S&P Asia-Pacific chief economist Louis Kuijs said higher inflation and rising US interest rates are weighing heavily on Asia-Pacific economies.
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