Economics
Singapore's Budget Makes Next Central Bank Move Tricky
- City state’s expansionary budget to cushion weakening demand
- Inflationary pressure could be reason for MAS to tighten again
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Singapore’s expansionary budget for the coming year makes the central bank’s April policy decision slightly more complicated.
The Monetary Authority of Singapore will need to decide whether to tighten policy in the face of steady economic growth and greater fiscal spending, or hold its stance because of growing global risks.