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MAS could further tighten monetary policy

Economists say this could take place in next 6 months as MAS adopts hawkish stance amid sustained inflation

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Sharon See

Sharon See

Published Thu, Apr 14, 2022 · 09:50 PM

    Singapore

    SINGAPORE'S central bank could make a fourth adjustment to further tighten its monetary policy settings in the next 6 months, economists said, amid persistent inflation through 2022 that the authorities said could trend above the historical average.

    This follows the Monetary Authority of Singapore's (MAS) decision on Thursday (Apr 14) to adopt a more hawkish stance to tighten monetary policy in 2 ways - its third move in 6 months - as well as an upward revision to its inflation forecast that economists said is "significant".

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    Singapore economySingapore inflationMonetary PolicyMonetary Authority of Singapore

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