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Economists see MAS standing pat on monetary policy this week

Monday, April 11, 2016 - 05:50

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Economists also say that the expansionary Budget announced by Finance Minister Heng Swee Keat has removed the catalyst for a possible MAS policy change, since fiscal policy will help with the heavy lifting to support gross domestic product (GDP) this year.

Singapore

THE central bank is reviewing its monetary policy stance this week, and the market consensus is for all settings to remain on hold - with no change to the slope and width of the Singapore dollar policy band, nor the level at which it is centred.

This sort of unanimity

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