SINGAPORE – Signals of rising inflationary pressures have provoked dissent against market consensus that the central bank will keep Singapore’s monetary policy easy well into next year amid an uneven and uncertain economic environment.

The policy goal of the Monetary Authority of Singapore (MAS), which is set to update its policy stance on Oct 14, is to achieve medium-term price stability, which it views as a sound basis for sustainable economic growth.

Please subscribe or log in to continue reading the full article.

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST’s Telegram channel here and get the latest breaking news delivered to you.

Source: Read Full Article