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MAS expected to normalise monetary policy tomorrow: Maybank

Singapore economy

MAS expected to normalise monetary policy tomorrow: Maybank

Stanislaus Jude Chan Published on Thu, Apr 12, 2018 / 4:12 PM GMT+8

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SINGAPORE (Apr 12): Maybank Kim Eng Research says it expects the Monetary Authority of Singapore (MAS) to normalise monetary policy on Friday amid rising global geopolitical tensions.

Singapore’s central bank is scheduled to issue its semi-annual policy statement at 8am on Apr 13.

“Our long-held house view is for the MAS to normalise monetary policy with a shift to a ‘modest and gradual appreciation’ path from its current neutral stance,” say Maybank analysts led by Saktiandi Supaat in a report on Thursday.