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SINGAPORE ECONOMY

MAS tipped to wait for 2022 to normalise monetary policy

But currency policy could tighten in Oct if inflation overshoots projections in the months ahead and growth is stronger than expected, watchers suggest
By Annabeth Leow
The Business Times
MAS tipped to wait for 2022 to normalise monetary policy
OCBC's Ms Ling notes that tightening policy after two years would be in line with the MAS' last zero-slope stance; DBS' Mr Seah says it remains to be seen whether MAS will decide to nip inflation in the bud "or adopt a slightly passive stance" in October.
5 Apr 2021 - 05:50

Singapore

THE Monetary Authority of Singapore (MAS) will probably wait until next year to normalise its currency settings, economists have told The Business Times - although they have not ruled out a tightening in October.

The consensus is for the central bank to retain its neutral

monetary authority of singaporemonetary policySingapore economy

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