Economics

Singapore to Hold, Signal Policy Move Next April: Decision Guide

  • Monetary authority expected to leave policy settings unchanged
  • Inflation, global recovery, signs of April tightening in focus
Outside the Monetary Authority of Singapore in Singapore.Photographer: Ore Huiying/Bloomberg
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Singapore’s central bankers are expected to signal a potential tightening of monetary policy next year, while holding steady for now, amid rising inflation risks from supply-chain disruptions and surging energy prices.

The Monetary Authority of Singapore, which uses a currency band as its main tool rather than interest rates, will signal a more hawkish tone when it releases its twice-yearly policy statement Thursday, according to 14 of 15 economists surveyed by Bloomberg.