Singapore, April 14 -- The Monetary Authority of Singapore (MAS) is likely to tighten monetary policy at its upcoming review on April 14, as rising energy prices and geopolitical tensions in the Middle East increase inflationary pressures, economists say.
According to a survey, 15 out of 18 economists expect MAS to adopt a tighter policy stance, while the remaining analysts believe the authority may keep its policy unchanged.
With global energy prices rising, inflation in Singapore is expected to accelerate, prompting policymakers to take measures to contain price pressures. Singapore manages monetary policy primarily through the exchange rate of the Singapore dollar, allowing the currency to appreciate to help reduce import costs and eas...