SINGAPORE, Oct 14 (Bernama) -- The Monetary Authority of Singapore (MAS) has maintained its monetary policy stance, keeping the Singapore dollar nominal effective exchange rate (S$NEER) policy band unchanged following two consecutive hikes.
Business : Singapore Central Bank Maintains Monetary Policy, Keeps S$NEER Policy Band Unchanged
Singapore, MAS, monetary policy, inflation, S$NEER
Key takeaways
Singapore's central bank keeps monetary policy unchanged, maintaining the S$NEER policy band as the economy grows and inflation is expected to ease.
- MAS maintains monetary policy stance and S$NEER policy band unchanged.
- Singapore's economy is expected to grow steadily, then moderate as AI cycle slows.
- Core inflation is projected to ease to 1.5-2.0% in 2026, with CPI inflation at 2.0%.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by New Straits Times
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