Gold Ten Data July 26, Barclays Bank said in a report that the Monetary Authority of Singapore has not yet signaled a recent shift towards tightening or easing, and we still believe that the Monetary Authority of Singapore will maintain its forex policy settings unchanged before 2025. The Monetary Authority of Singapore has lowered its overall inflation expectations for 2024 and its correlation with forex policy, 'We certainly do not see this as a dovish signal,' economists Brian Tan and strategist Audrey Ong wrote. They stated that the July statement confirmed the Monetary Authority of Singapore's expectation of core inflation rate of around 2% in 2025, which is worth noting, indicating that policymakers still do not see the need to relax or tighten the nominal effective exchange rate of the Singapore dollar. Barclays believes that a 2% inflation level is key because, given that the Monetary Authority of Singapore does not have an official inflation target, this may be its comfort zone.
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Barclays: Singapur Merkez Bankası 2025 yılına kadar politikasını değiştirmeyebilir.
Gold Ten Data July 26, Barclays Bank said in a report that the Monetary Authority of Singapore has not yet signaled a recent shift towards tightening or easing, and we still believe that the Monetary Authority of Singapore will maintain its forex policy settings unchanged before 2025. The Monetary Authority of Singapore has lowered its overall inflation expectations for 2024 and its correlation with forex policy, 'We certainly do not see this as a dovish signal,' economists Brian Tan and strategist Audrey Ong wrote. They stated that the July statement confirmed the Monetary Authority of Singapore's expectation of core inflation rate of around 2% in 2025, which is worth noting, indicating that policymakers still do not see the need to relax or tighten the nominal effective exchange rate of the Singapore dollar. Barclays believes that a 2% inflation level is key because, given that the Monetary Authority of Singapore does not have an official inflation target, this may be its comfort zone.