Singapore Holds Monetary Policy Steady Amid Resilient Growth

Singapore kept its monetary policy settings unchanged amid stronger-than-expected economic growth despite trade risks from President Donald Trump’s global tariff war.

The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool rather than interest rates, said on Tuesday it would keep the slope, width and center of its policy band unchanged. Sixteen of 20 economists in a Bloomberg survey predicted the MAS would maintain those settings, while the remainder expected another round of easing.