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The Monetary Authority of Singapore (MAS) expects to keep policy unchanged this week
Sina Financial News Mizuho Bank expects that the Monetary Authority of Singapore will keep its policy unchanged this week. The bank said that the recent rise in inflation is still sticky, but the MAS has done a lot of work to curb inflation in the early stage. Non-tradable inflation is stickier than tradable inflation, reducing the need for (excessive) tightening. Without easing existing restrictive measures, the current risks are also balanced. As a result, the MAS is expected to keep policy unchanged this week, and the wording may not change materially.