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Rising risks of early MAS tightening in October as economy recovers

Some economists see more pipeline pressures and risks of pass-through to consumer prices, but others see normalisation to begin only next April

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Annabeth Leow

Annabeth Leow

Published Sun, Sep 26, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SINGAPORE'S central bank is not widely expected to tighten its monetary policy next month, but the chances of an earlier policy normalisation are said to be rising.

    The worsening Covid-19 pandemic had in March last year led the Monetary Authority of Singapore (MAS) to announce a "double-tap easing" - tweaking both the slope and the mid-point of the Singapore dollar nominal effective exchange rate (S$NEER) policy band.

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    Monetary Authority of SingaporeMonetary PolicySingapore inflationSingapore economy

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