May 7 (Reuters) - Singapore's central bank is committed to price stability in the medium term and monetary policy should temper but not fully offset cost pressures from the supply side, its deputy managing director Ong Chong Tee said on Monday.
Ong also said inflation was expected to ease gradually over the year but along a somewhat elevated trajectory and that the Monetary Authority of Singapore (MAS) policy stance was aimed at keeping the economy on an even keel. Full story
