Central Banks
Singapore’s Menon Says Era of Cheap Money, Energy Over
- Global interest rates unlikely to return to near zero: MAS MD
- Country can no longer rely on cheap labor, Menon says
Ravi Menon
Photographer: Wei Leng Tay/BloombergThis article is for subscribers only.
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Singapore’s central bank chief said that global interest rates are unlikely to return to near zero, joining a chorus of policymakers signaling that inflation is likely to remain high while monetary policy tightening will continue.