Singapore’s central bank holds policy for first time since 2021
MAS warns of slowing economic growth for this year
In a surprise decision, the Monetary Authority of Singapore kept its monetary policy unchanged today (April 14), after five straight tightening moves since October 2021.
The MAS, which uses the exchange rate as its main policy tool, maintained the slope, centre and width of the currency band. The last time it tightened its monetary policy settings was in October last year.
Only six out of 17 analysts polled by Reuters had expected the MAS to keep policy on hold. Most analysts had expected the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Profit inflation and monetary policy: weighing the evidence
- What is forecasting for? Bernanke and the future of BoE projections
- Central bank of the year: Central Bank of Brazil