As measured by the price index for personal consumption expenditures excluding food and energy, inflation is projected to be 2-1/4 percent to 21/2 percent this year and then to edge lower, to 2 percent to 2-1/4 percent next year.
4/5  BIS central bankers' speeches  Use of corporate bond market to raise a part of the project funds should be encouraged. Repayment schedule should be properly drawn up and aligned with expected cash flows. Pricing of the loans should be commensurate with risk and provide for flexible financing that recognizes the change in risk profile of the asset.