Please append 'for now' to that headline.
At its previous two meetings the MAS had tightened policy
But today, in what appears a response to concerns over slowing growth (thanks US Chain trade tensions ….) the mass Monetary Authority of Singapore left policy unchanged
MAS statement:
- "GDP growth in the Singapore economy has eased, bringing the level of output closer to its underlying potential.
- Despite some pickup in labour costs, inflationary pressures are mild and should remain contained"
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Earlier post with the headlines:
