Economists expect MAS to ease Sing$ appreciation in October

Economists are looking to MAS to ease monetary policy in its upcoming review and provide some support to the economy.
Economists are looking to MAS to ease monetary policy in its upcoming review and provide some support to the economy.PHOTO: LIANHE ZAOBAO

As Singapore continues to see sluggish trade and growth data, with core inflation at a three-year low, economists are looking to the central bank to ease monetary policy in its upcoming review and provide some support to the economy.

Many expect the Monetary Authority of Singapore (MAS) to do so via a "slight" reduction in the Singdollar slope, which corresponds to a relatively weaker currency that can help to boost demand for tradable goods and services here.

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A version of this article appeared in the print edition of The Straits Times on September 27, 2019, with the headline 'Economists expect MAS to ease Sing$ appreciation in Oct'. Print Edition | Subscribe