Circuit-breaker hit to inflation raises risk of more monetary easing
The next MAS meeting is still months away, but economists say the risk of another easing is rising
Singapore
SINGAPORE'S newly extended "circuit-breaker" period - involving tougher movement curbs to keep the coronavirus in check - should keep a lid on consumer prices this year.
And, while analysts still do not expect the central bank to pull back on monetary policy at its meeting in October - or even earlier, in a off-cycle review - some warned that the risk of a second easing in a year is climbing.
TRENDING NOW
Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business
Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend