Singapore poised to tighten monetary policy amid strong growth and rising inflation risks

Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mount

Singapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risks persist. Geopolitical tensions, higher oil prices and potential food supply disruptions are adding pressure. Economists anticipate a modest Singapore dollar appreciation adjustment, balancing inflation control with economic stability amid global uncertainty.

Singapore poised to tighten monetary policy amid strong growth and rising inflation risks

By Xinghui Kok and Jun Yuan Yong SINGAPORE, Oct 9 (Reuters) - Singapore is expected to tighten monetary policy at a scheduled review on Wednesday as robust growth and inflation risks bolster the case for another move. All 10 analysts polled ​by Reute...