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Singapore eases monetary policy for the first time since 2020, warns of growth slowdown

The Monetary Authority of Singapore has loosened its monetary policy for the first time in nearly five years, amid expectations for slower growth and easing inflation in the year ahead.
The central bank slightly reduced the slope of the Singapore dollar nominal effective exchange rate policy band to ensure medium-term price stability.
Core inflation is expected to average between 1 and 2 per cent in 2025, down from an initial forecast of 1.5 to 2.5 per cent.
MAS kept its headline inflation for 2025 unchanged at a forecast range of 1.5 to 2.5 per cent, as accommodation inflation is forecast to slow.

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Singapore eases monetary policy for first time in five years

Singapore, Singapore — Singapore’s central bank eased monetary policy Friday for the first time in almost five years on expectations that inflation and economic growth will slow this year. The Monetary Authority of Singapore (MAS), which uses exchange rates rather than interest rates to control policy, said it would “reduce slightly the slope” of the

1 month ago·Manila, Philippines

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Singapore pivots to monetary easing as it flags growth risks

SINGAPORE — Singapore's central bank loosened its monetary policy settings for the first time in nearly five years on expectations price pressures will keep abating and growth momentum will slow.

1 month ago·Bangkok, Thailand

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Financial Times

Singapore eases monetary policy for first time in 4 years

City-state’s central bank cites ‘trade frictions’ behind move to adjust currency exchange rates

1 month ago·London, United Kingdom

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India Daily Mail

Singapore's Central Bank Eases for First Time Since 2020

(Bloomberg) — Singapore’s central bank eased its monetary policy settings for the first time since 2020 as price pressures show signs of abating.

1 month ago·Canada

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Singapore eases monetary policy for the first time since 2020

The Monetary Authority of Singapore said it will reduce slightly the slope of its exchange rate policy band.

1 month ago·United States

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Channel News Asia

MAS eases monetary policy for first time in nearly five years, lowers 2025 core inflation forecast

The last time the central bank eased monetary policy was in March 2020 when the country braced for a deep recession due to the COVID-19 pandemic.

1 month ago·Singapore

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Bloomberg broke the news in United States 1 month ago on Friday, January 24, 2025.

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