0717 GMT - Singapore's inflation and economic growth outlook face significant uncertainty, DBS Group Research analysts write in a note. The move by the Monetary Authority of Singapore to ease its policy settings wasn't a surprise for markets given moderating inflation and increasing uncertainty amid global trade policy risks, they write. DBS thinks rising external costs from possible trade frictions could be offset by weaker global demand, while rising labor costs will also likely slow as nominal wage growth is expected to ease. The impact of changing global trade policies could also weigh on the city-state's manufacturing and trade-related sectors, DBS adds. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
January 24, 2025 02:17 ET (07:17 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。