Economists say MAS' rare 2-pronged monetary move will likely slow pace of price rises, not reduce inflation - TODAY

SINGAPORE — The latest move by the Monetary Authority of Singapore (MAS) to tighten monetary policy is not likely to reduce the rate of inflation here but rather slow the pace of price increases, economists said on Thursday (April 14).

The second move, to increase the rate of appreciation of the band, means that the rate at which this policy band which the exchange rate can fluctuate within will be increased at a quicker rate.  "G… [+3390 chars]

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