MAS tipped to wait for 2022 to normalise monetary policy
But currency policy could tighten in Oct if inflation overshoots projections in the months ahead and growth is stronger than expected, watchers suggest
Singapore
THE Monetary Authority of Singapore (MAS) will probably wait until next year to normalise its currency settings, economists have told The Business Times - although they have not ruled out a tightening in October.
The consensus is for the central bank to retain its neutral Singapore dollar nominal effective exchange rate (S$NEER) stance at this month's half-yearly policy meeting, even as core inflation inched into positive territory in February after a year underwater.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
