S&P: Rising inflation, interest rates in the pipeline

However, the risks are “manageable”, S&P said in its global banking outlook mid-year 2022

KUALA LUMPUR: Malaysia can expect a higher inflation and rising interest-rate environment, which could dampen credit demand, push some low-income consumers to the edge of default, and pressurise small, medium enterprises still healing from the impact of the pandemic, says S&P Global Ratings.

However, the risks are “manageable”, it said in its global banking outlook mid-year 2022, Bernama reported.