Singapore pivots to monetary easing as it flags growth risks

Quick Summary:

SINGAPORE — Singapore's central bank loosened its monetary policy settings for the first time in nearly five years on expectations price pressures will keep abating and growth momentum will slow.

Following the policy decision, which came in-line with expectations, the Singapore dollar weakened, falling 0.1% against the dollar to 1.3558.

Next week, the US Federal Reserve will hold its first policy meeting of the year with questions remaining over the future pace of easing.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandCanadaJapanMexicoSingaporeUnited States

Topics: Central Inflation Policy Bank Band Trump Pace Year Core Singapore

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 09:24:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 720 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25388228

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions