0416 GMT - The Monetary Authority of Singapore will have no urgency to adjust its policy settings on Friday, says DBS Group Research. The Singapore dollar nominal effective exchange rate's decline from the top to the mid-point of its policy band doesn't signal an imminent policy shift, DBS says. The repositioning reflects the recent moderation in core inflation, which falls within the central bank's 2025 forecast of 1.5%-2.5% and the official 2025 forecast for the economy to slow to 1%-3% from 2024's 4% growth, DBS adds. Maintaining the Singapore dollar NEER's appreciation will help address cost of living issues, DBS says. The MAS's monetary policy is centered on Singapore's exchange rate.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
January 19, 2025 23:16 ET (04:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。