N環球 
Reuters poll: all 10 analysts expect Singapore's MAS to tighten monetary policy on Oct. 14
Reuters reported on Oct. 9 that all 10 analysts surveyed expect the Monetary Authority of Singapore (MAS) to tighten monetary policy at its semi-annual review on Oct. 14 to counter rising inflation risks. MAS already tightened in April and July this year.
Why it matters
This is one of Singapore's biggest financial events this month: MAS reviews its exchange-rate policy every six months, and the Reuters poll shows a rarely unanimous consensus — all 10 surveyed analysts expect another tightening next Tuesday (Oct. 14). The backdrop: Middle East tensions pushing up oil prices, and food costs also facing upward pressure.
Full report
Reuters, Singapore, Oct. 9: all 10 analysts in the agency's survey expect the Monetary Authority of Singapore (MAS) to tighten monetary policy at its scheduled policy review on Oct. 14.
MAS already tightened twice this year, in April and July (July's move was described as a "slight" tightening), reflecting the authority's vigilance on inflation.
OCBC economist Selena Ling said core inflation faces upside risks: the Middle East conflict is pushing up oil prices, while a "super El Niño" could raise food costs, with inflation expected to peak in early 2027.
Barclays economist Brian Tan expects MAS to raise the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band by about 25 basis points again; the AI boom is driving solid economic growth, giving the authority room to tighten.
How it works: MAS does not set an interest-rate target; it manages monetary conditions through three levers of the S$NEER band — slope, mid-point and width.
Note: these are analyst expectations, not a decision already taken by MAS; the outcome will be confirmed in the official statement on Oct. 14.
💬 Comments
No comments yet. Be the first!