MAS taking cautious steps amid lingering risks to recovery: Analysts

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Policymakers here are trying to tread a fine line between their fight against the emerging threat of inflation and the lingering risk that new Covid-19 infections may hinder growth, analysts said.

While the Monetary Authority of Singapore (MAS) yesterday sounded more confident of a faster-than-usual pace of expansion this year and next, it did stress that "the pandemic remains a source of considerable uncertainty".

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A version of this article appeared in the print edition of The Straits Times on October 29, 2021, with the headline MAS taking cautious steps amid lingering risks to recovery: Analysts. Subscribe