Bank Negara Malaysia's next move unlikely to be a rate cut despite low inflation: Standard Chartered

Quotes from Standard Chartered:

-We do not expect Bank Negara Malaysia's next move to be monetary easing despite low inflation, as the currency has played a major role in loosening monetary conditions recently. This should show up in the data of our next update of the Asia macro trackers.

-We also expect 5.0% GDP growth in 2015; while thisis lower than 6% in 2014, it is still in line with trend growth. A rate cut at this stage could also risk sending the wrong signal to Malaysia's overly indebted household sector.