MAS unlikely to make another off-cycle easing move: analysts
Deflation is less severe now.
The Monetary Authority of Singapore is unlikely to repeat last January's unscheduled policy easing move, according to a report by Reuters.
Eight of nine analysts surveyed by Reuters from Jan. 6 to Jan. 11 said the Monetary Authority of Singapore (MAS) was not expected to change policy before its next review in April.
The MAS surprised investors last January, when it eased its exchange-rate based policy in an unscheduled statement, saying declining global oil prices had significantly changed the city-state's inflation outlook.
Read the full report here.