0835 GMT - The Monetary Authority of Singapore could ease policy further if downside risks to inflation persist, says OCBC's Selena Ling in a note. Core inflation hit a four-year low of 0.5% on year in March, which is likely music to policymakers' ears after the MAS eased policy twice this year, she writes. Given increased uncertainty in the external environment--such as U.S. reciprocal tariffs--inflation risks are tilted to the downside, she says. "The official rhetoric remains dovish, pointing to imported inflation staying moderate, especially for global crude oil prices and food commodity prices." OCBC maintains its forecast for Singapore's headline and core inflation to reach 1.2% in 2025. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
April 23, 2025 04:35 ET (08:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。