SINGAPORE: With inflationary pressures benign and major central banks most probably keeping their interest rates low for now, Singapore’s central bank is likely to maintain its easing monetary policy stance this week.
What remains to be seen is whether the Monetary Authority of Singapore (MAS) deems it fit to flag the risk of higher inflation and rates expected to emerge later in the year in some advanced economies, especially the United States.
Central banks usually add a new sentence or reword parts of their policy statements to flag risks. MAS can also tweak the policy band within which the exchange rate moves to communicate its concerns.
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