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Singapore's central bank eased monetary policy Friday for the first time in almost five years on expectations that inflation and economic growth will slow this year.
The Monetary Authority of Singapore forecast slower growth and contained inflation at home amid rising uncertainty from trade frictions abroad.
Singapore dollar strengthened against its U.S. counterpart amid falling Treasury yields that may diminish the allure of U.S. fixed-income assets and demand for the greenback.
Singapore's central bank on Friday loosened its monetary policy. The Monetary Authority of Singapore said it will reduce slightly the slope of the policy band known as S$NEER, or the Nominal Effective ...
Singapore on Friday loosened its monetary policy for the first time since 2020, as it strives to boost growth. The Monetary Authority of Singapore said it would slightly reduce the slope of its ...
Singapore's central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
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