Talk that Singapore’s monetary policy will be eased soon is growing louder as the economy teeters on the brink of recession. Yet, high inflation puts the country’s central bank in a bind and its next policy move is by no means a done deal, economists say.
The Monetary Authority of Singapore (MAS), the country’s central bank, is expected to unveil its half-yearly policy statement next week, possibly coinciding with the release of data showing how the economy performed in the third quarter. Full story