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Singapore's central bank head says fight against inflation not over yet

Managing Director of the Monetary Authority of Singapore (MAS) Menon says the fight against inflation is not yet over. Comments from Menon and the MAS' reprot Growth will remain weak in the near termMAS not switching from inflation-fighting mode to growth-supporting modeSingapore well-positioned for a second GST hike in 2024 if inflation falls to 2.5%-3% in q4MAS lowers forecast range for 2023 headline inflation to 4.5% to 5.5%, vs previous 5.5% to 6.5%Singapore should see further reductions in... Read More

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Inflation

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Posted: Jul 5 2023, 03:51

Author Name: forexlive

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