Singapore holds policy as economy slows
MAS says this year’s growth will continue to moderate over coming quarters
Singapore maintained its monetary policy settings today (October 14) after slower growth in Q3, a moderation that the country’s central bank expects to continue over the coming quarters.
The Monetary Authority of Singapore (MAS) said that notwithstanding the predicted slowing, the country had seen stronger-than-expected GDP growth earlier in the year.
It added that core inflation should “trough in the near term” and then rise gradually over 2026. As a result, the central bank said it had decided
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