Central Banks
Singapore Eases Monetary Policy, Sees Weaker Growth in 2025
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Singapore eased its monetary policy settings for the second time this year and cut its economic forecasts as US tariffs cloud the outlook for global trade.
The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool rather than interest rates, said on Monday it will reduce the slope of its policy band while leaving the width and center unchanged — a decision widely expected by economists. The central bank also eased its settings in January following an extended pause that began in 2023.