SINGAPORE is set to buck the global easing trend and keep its policy bearings on hold as officials use the strength of the currency to tackle still-exorbitant living costs. The Monetary Authority of Singapore (MAS) is expected to keep the slope, centre and width of its currency band steady, though policymakers may strike a dovish tone to pave the way for a shift in stance next year when price pressures abate. All but three economists in a Bloomberg survey see no change to policy on Monday (Oct 14). United Overseas Bank is one of the handful of analysts who expect an early pivot to easing.   https://www.businesstimes.com.sg/companies-markets/banking-finance/economists-expect-mas-hold-currency-band-steady-amid-sticky-prices (ICE SINGAPORE)

Fonte notizia: The Business Times, 11 October 2024