Monetary Authority of Singapore:
-
Will maintain the prevailing rate of appreciation of the S$NEER
policy band - There will be no
change to its width and the level at which it is centred. - Singapore economy is
expected to strengthen over 2024 - For 2024 as a whole,
both mas core inflation and CPI-all items inflation are projected to
come in at an average of 2.5–3.5% - Slightly negative
output gap is projected to narrow further in h2 2024 - 2024 GDP growth
forecast to come in between 1–3% - MAS core inflation
is likely to remain elevated in the earlier part of the year - for 2024 excluding
the impact of the increases in the GST rate, core and…
