MAS likely to keep policy settings unchanged in October: analysts

Singapore

SINGAPORE'S central bank will probably hold off from further monetary easing at its next policy review in October, a Reuters poll showed, with headline and core inflation expected to pick up next year.

Most analysts expect the central bank to keep its policy steady, even after the economy shrank unexpectedly in the second quarter and headline consumer prices in June fell from a year earlier for the eighth straight month, according to the survey.

Fourteen of 16 analysts polled by Reuters said they expect the Monetary Authority of Singapore to leave its policy settings unchanged in October, when it holds…