Chia Der Jiun

AI lacks judgement to set interest rates, MAS chief says

ARTIFICIAL intelligence lacks the human judgement skills needed to set interest rates, the head of the Monetary Authority of Singapore said on Monday (May 7).

Ravi Menon has been at the helm of the MAS since 2011 and his current term ends May 31.

MAS chief Menon set to leave; Chia taking top job

RAVI Menon, the Monetary Authority of Singapore’s (MAS) longest-serving chief, is poised to leave the central bank this year, according to people familiar with the matter.