The MAS is expected to keep its statement relatively unchanged at the first of its four-times-a-year decision, according to nine of 13 economists who responded to the question. Three, including Bank of America Corp and Barclays Plc, expect the tone to be hawkish while Oxford Economics was alone in predicting a dovish tilt.
Singapore's central bank will likely keep its tight monetary policy settings for a third straight review while retaining its sharp focus on still-elevated inflation.
All 19 economists surveyed by Bloomberg expect the Monetary Authority of Singapore, which uses the exchange rate rather than interest rates to stabilize prices, to maintain its overall policy settings on Jan 29. The central bank tightened five times since October 2021 before opting to pause in 2023.
