Singapore Central Bank Tightens Policy to Curb Inflation
The Monetary Authority of Singapore tightened its monetary policy on Tuesday. Officials cited rising core inflation risks and energy costs as the main drivers.
Xurve View
Xurve View
The Monetary Authority of Singapore (MAS) has tightened its monetary policy settings, a move that aligns with market expectations as the city-state prepares for elevated core inflation in the coming quarters. The central bank announced on Tuesday that it will slightly increase the rate of appreciation of the S$NEER policy band, while maintaining the current width and center level of the band.
