United Overseas Bank (UOB) is one of the handful of analysts who expect an early MAS pivot to easing.
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, and the bigger-than-average options turnover this week suggests that traders are betting on the currency to strengthen after the decision.
