pstrongExperts say the central bank has seen the end of its tightening cycle./strong/p pWith the Monetary Authority of Singapore's decision to keep the monetary policy parameters unchanged for the second time, questions on whether these will pave the way for an easing in 2024 rise.
With the Monetary Authority of Singapore's decision to keep the monetary policy parameters unchanged for the second time, questions on whether these will pave the way for an easing in 2024 rise.
"We expect MAS to keep policy settings unchanged in January, in light of the upside risks to inflation on climate-related food supply shocks and stronger oil prices driven by supply constraints on heightened geopolitical tensions," UOB said. RHB shared a similar sentiment, saying that MAS has seen the"end of its tightening cycle after constricting policy parameters."
"Barring a sudden and unforeseen deterioration of global economic fundamentals and/or heightened inflation prognosis, we forecast the MAS will keep policy parameters in its meeting in January 2024," RHB added.3 catalysts that will accelerate Singapore's economic growth in 2024...there are many ways you can work with us to advertise your company and connect to your customers.