DBS Group senior economist Chua Han Teng stated in a report that Singapore's Monetary Authority of Singapore (MAS) is likely to maintain its current monetary policy stance next year to preserve flexibility amid global uncertainties.

Singapore's highly globalized economy faces profound global shifts, including increasing geo-economic fragmentation, rapid technological advancements, and climate change.

Chua noted that these trends are expected to persist into next year. The MAS's current policy aligns with a narrow 0% output gap and gradually rising inflation. The output gap measures whether an economy is operating close to its full productive capacity.