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Market Chatter: Singapore's MAS Likely to Maintain Rates as Core Inflation Holds, Economists Say

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The Monetary Authority of Singapore is expected to maintain its monetary policy for its next meeting in July after core inflation held steady at 1.4% in May, Bloomberg reported Wednesday.

Economists, in Bloomberg's survey, believe the city's decision makers have room for monetary policy to hold steady as price pressures have been contained, but policymakers would also have to monitor the impact of worldwide trade tensions on Singapore's trade-reliant economy, the report said.

The city's central bank raised its core inflation forecast to 1.5% to 2.5% in 2026 from 1% to 2%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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