Singapore central bank tightens monetary policy as Iran war stokes price risks

Cătălin Roșioru

Singapore's central bank tightened its monetary policy settings on Tuesday, flagging the risk that an Iran war-fueled energy shock could push up core inflation even as mounting pressure on growth was underscored by a first-quarter economic contraction. The Monetary Authority of Singapore (MAS) said it would increase slightly the rate of appreciation of the S$NEER policy band, in line with what most analysts polled by Reuters had expected. MAS said there would be no change to its width and the

Tag-uri: Inflatie

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