Home News Singapore economy

MAS to continue accommodative monetary policy in 2021: Fitch Solutions

Felicia Tan
Felicia Tan1/27/2021 5:1 PM GMT+08  • 2 min read
MAS to continue accommodative monetary policy in 2021: Fitch Solutions
Fitch has revised its average consumer price inflation (CPI) forecasts for 2021 to 0.5% y-o-y from 1.4% y-o-y previously.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The Monetary Authority of Singapore (MAS) is likely to persist with its “relatively accommodative” monetary policy to avoid derailing the recovery in 2021, says the team at Fitch Solutions.

The belief also comes as MAS, in October 2020, decided to leave its slope, width and mid-point of the S$NEER policy band unchanged, noted the team.

The team adds that it has seen no indication of any change from the Singapore central bank when MAS noted in a separate statement that “the underlying growth momentum will be weak, and the negative output gap will only narrow slowly in the year ahead”.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.