No rush for MAS to ease monetary policy early in 2025, as uncertainty over Trump lingers
Though inflation has come down, most economists expect policy easing in April rather than January
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
AFTER more than two years of holding steady, Singapore’s central bank is expected to start easing monetary policy in 2025. The question is when exactly.
Core inflation is officially expected to cool to under 2 per cent – the level that the Monetary Authority of Singapore (MAS) sees as consistent with price stability – by end-2024. In October, it fell to 2.1 per cent, the lowest since 2021.
But most economists expect policy to ease from April at the earliest, as the MAS waits to see what incoming US President Donald Trump does.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
