Nominal effective exchange rate (NEER)
MAS holds policy steady in October, expected to continue doing so in 2026
Better-than-forecast growth means ‘no urgency’ to change monetary policy settings, say economists
Economists mixed on MAS October policy decision after central bank stands pat in July
Some expect the Monetary Authority of Singapore to maintain the status quo, others believe that it will resume slope reduction
Singapore leaves monetary policy settings unchanged in July
Full-year core and headline inflation forecasts remain unchanged at 0.5 to 1.5%
MAS eases policy slightly, lowers inflation forecasts after Trump tariffs threaten growth
This follows January’s loosening, which was the first since 2020
Economists mixed on H1 2025 monetary policy easing, after Singapore holds steady as expected in October
For 2025, MAS expects both core and headline inflation at 1.5 to 2.5 per cent
MAS stands pat at April monetary policy review, as expected
It will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate policy band
MAS maintains monetary policy as expected, lowers headline inflation forecast
Full-year headline inflation is now projected at 2.5% to 3.5%, down from 3% to 4% previously
Singapore keeps monetary policy unchanged in October, to switch to quarterly schedule in 2024
SINGAPORE’S central bank left monetary policy settings unchanged in October, extending the pause from its April meeting in line with market expectations. But it announced that it will shift to a quart...
