0533 GMT - The Monetary Authority of Singapore could ease its policy further with the city-state's economy facing weaker external demand prospects amid evolving tariff developments and downside inflation risks, says Chua Han Teng at DBS. The central bank has flagged downside risks to Singapore's growth and inflation prospects for this year from prolonged trade conflicts in its recent macroeconomic review, the senior economist says in an email. Although it isn't DBS's base case, the greatest threat and severe downside risk scenario to Singapore's highly export-reliant and open economy would be weighed by factors including a global trade and manufacturing recession, he adds.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
April 29, 2025 01:33 ET (05:33 GMT)
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