deflation

To be clear, we do not think there will be runaway inflation since there remains plenty of slack in the economy, including high unemployment, in the aftermath of the pandemic.

Despite seeing monetary policy easing in March and April promoting economic recovery, the bank fears the impact of a second wave.

SINGAPORE (July 28): The years 2002 to 2016 saw unusual shocks and stresses. In the early 2000s, liquidity growth was excessive as the US central bank responded to the bursting of the tech bubble by aggressively cutting interest rates — and then taking

SINGAPORE (May 23): Bank of Singapore (BoS) is maintaining its neutral stance on US and European equities with a focus on rotation and carry themes, while recommending exiting technology and taking exposure in financials in the case of equities.

SHANGHAI (Nov 7): The push by China’s policy makers to rein in property bubbles looks to be getting traction, according to early indicators from the nation’s biggest cities.

SINGAPORE (Aug 22): As markets shook off recent shocks, investors pushed valuations up so much that equities and bonds seemed to be priced to perfection, leaving little room for error.