Singapore eases monetary policy for 1st time in 4 years

Singapore's key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest ...
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary ...
For 2024, core inflation averaged 2.7%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.4% versus 4.8% in 2023, suggesting that policymakers' efforts to tame ...
The last time the central bank eased monetary policy was in March 2020 when the country braced for a deep recession due to the COVID-19 pandemic.
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.