Commentary

As inflation threatens to worsen, MAS moves to keep pace with global tightening tide

Unlike central banks of other countries, MAS tackles inflation by controlling the levers of the Singapore dollar. PHOTO: ST FILE
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SINGAPORE - Economists here were expecting an off-cycle move by the Monetary Authority of Singapore (MAS) but not so soon.

Most had expected it to come after Singapore's latest consumer price data is released on July 25.

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