Economics
Singapore to Tighten Policy Amid Inflation Fight: Decision Guide
- Most economists expect MAS to raise the slope of policy band
- First-quarter advance estimate of GDP also due Thursday
The Monetary Authority of Singapore building in Singapore.
Photographer: Wei Leng Tay/BloombergThis article is for subscribers only.
Singapore’s central bank is expected to tighten monetary policy as global inflation sweeps into the city-state, fueled by geopolitical and supply-chain tensions and as Federal Reserve officials remove Covid-era support.
The Monetary Authority of Singapore, which uses the exchange rate rather than interest rates to stabilize prices, will signal Thursday that it’s seeking a stronger local dollar to buffer imported inflation, according to all 16 economists surveyed by Bloomberg.