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Caution the watchword as US-China trade tensions hang over MAS policy

Singapore's central bank expected to tighten monetary policy, but could hold back if risk of tit-for-tat protectionism intensifies, say economists

Published Sun, Mar 25, 2018 · 09:50 PM

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    Singapore

    ESCALATING trade tensions between the United States and China could prompt Singapore's central bank to adopt a more cautious policy stance than it originally intended at its upcoming April meeting, economists say.

    Market watchers were widely expecting the Monetary Authority of Singapore (MAS) to tighten its Singdollar policy in response to improving growth and rising inflation. However, protectionist sabre-rattling by the world's two largest economies has shifted the needle.

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