Singapore Expected To Hold Monetary Policy Amid Tariff Risks
Singapore’s central bank is widely expected to keep its monetary policy unchanged this week, as policymakers weigh the potential impact of looming US tariffs that could dampen global growth.
A Bloomberg survey showed 14 out of 19 economists anticipate the Monetary Authority of Singapore (MAS) will maintain its policy stance on Wednesday. The remaining five, including Goldman Sachs and Bank of America, forecast further easing.
The MAS, which manages monetary conditions through the exchange rate rather than interest rates, eased policy twice this year—in January and April—for the first time in five years, citing the need to support the economy amid tariff threats and global market volatility.
Bloomberg
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