0144 GMT - The Monetary Authority of Singapore is likely to flatten the SGD nominal effective exchange rate slope at this month's meeting, two members of Goldman Sachs' economics research say in a note. The balance of risks to Singapore's growth is still tilted to the downside, owing to drags from U.S. tariffs, prolonged uncertainties and slower global growth, they say. GS now expects the MAS to reduce the SGD NEER slope "slightly," by around 50bps to a flat slope. GS had previously expected no change to the MAS's policy stance in July. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 21, 2025 21:44 ET (01:44 GMT)
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