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
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.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
EU and Asean at 50: time for bold action
