Malaysia inflation to be contained

Malaysia’s central bank Governor Zeti Akhtar Aziz said the country’s accelerating inflation doesn’t make her nervous, and signaled confidence price increases will remain contained and moderate in 2016.

“We don’t see these second-round effects emerging” from faster price increases, Zeti said in an interview in Washington. “We know the source of the inflation. It is not induced from strong demand, because this is a period when demand is quite modest.”