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MAS seen to maintain monetary policy stance as growth slows sharply: Maybank

PC Lee
PC Lee • 2 min read
MAS seen to maintain monetary policy stance as growth slows sharply: Maybank
SINGAPORE (Apr 3): Maybank Kim Eng expects the Monetary Authority of Singapore to maintain its current monetary policy stance at the April meeting as growth slows sharply and core inflation eases.
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SINGAPORE (Apr 3): Maybank Kim Eng expects the Monetary Authority of Singapore to maintain its current monetary policy stance at the April meeting as growth slows sharply and core inflation eases.

This comes after two straight tightening moves in Apr and Oct last year, when the MAS steepened the S$NEER appreciation bias slightly.

Dampening growth outlook is a stronger Singapore dollar; rising domestic interest rates; additional property curbs and stricter foreign worker measures, says Maybank.

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