Singapore's Positive Manufacturing Performance Likely to Continue in Early 2025 -- Market Talk

WSJJan 24 15:29

Singapore Eases Monetary Policy For The First Time In 5 Years

Business TodayJan 24 10:14

MAS Eases Monetary Policy as Core Inflation Forecasts Drops to 1% to 2%

Singapore Business ReviewJan 24 09:34

The Monetary Authority of Singapore has relaxed MMF policy for the first time since 2020.

On January 24, Gelonghui reported that as price pressures showed signs of easing, the Monetary Authority of Singapore relaxed its monetary policy for the first time since 2020. The Monetary Authority of Singapore uses Exchange Rates rather than interest rates as its main policy tool. According to a statement released on Friday, the authority will 'slightly reduce' the slope of its policy Range, while the width and central level of the policy Range will remain unchanged. Following the announcement of this decision, the Singapore dollar weakened against the US dollar. The Monetary Authority of Singapore stated in its announcement, 'The pace of decline in core inflation is faster than expected, and it will remain below 2% this year, reflecting that the fundamental price pressures in the economy have returned to low levels and remain stable.'

Gelonghui FinanceJan 24 09:00

The Monetary Authority of Singapore adjusts its MMF policy by lowering the slope of the Exchange Rates policy Range.

The Monetary Authority of Singapore has adjusted its monetary policy, slightly lowering the slope of the nominal effective Exchange Rates policy Range for the Singapore dollar, slowing the appreciation pace of the Singapore dollar. However, the width and midpoint remain unchanged, as it is anticipated that Singapore's economic growth momentum will slow this year, with the pace of core inflation slowing faster than expected, estimated to remain below 2% this year.

AASTOCKSJan 24 08:34

Singapore Central Bank Could Ease as Core Inflation Cools -- Market Talk

WSJJan 23 16:56