Reported about 5 hours ago
Singapore's central bank has relaxed its monetary policy for the first time in nearly five years, anticipating a decrease in price pressures and a slowdown in economic growth. The Monetary Authority of Singapore (MAS) has adjusted the slope of its policy band while lowering its forecast for core inflation to 1%-2% for the year. This move reflects growing confidence in the disinflation trend amidst global economic uncertainties, especially regarding potential trade tariffs from the U.S.
Source: YAHOO