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A tweak to the inflation forecast, a debate over MAS's Sing dollar policy

Headline inflation for 2016 now expected to be between -1 and 0 per cent; core inflation forecast unchanged at 0.5 to 1.5 per cent

Published Tue, Feb 23, 2016 · 09:50 PM

Singapore economy

Singapore

THE Monetary Authority of Singapore (MAS) on Tuesday lowered its 2016 headline inflation forecast, but kept its core inflation projection unchanged - leaving economists to grapple with what this will mean for April's monetary policy statement.

Some think the central bank is now tilting towards a weaker Singapore dollar policy; others believe no revision is on the cards; and then there are those who say it is too early to make a call.