Morgan Stanley: The Monetary Authority of Singapore Unlikely to Tighten Policy Further in July

Golden Ten Data reported on April 15 that Derek Y. Kam, an Asia economist at Morgan Stanley, stated in a research report that given the current economic situation, the Monetary Authority of Singapore is unlikely to further tighten its monetary policy in July. The Monetary Authority of Singapore is concerned about possible downside risks to economic growth prospects. However, if rising energy prices have a significant impact on core inflation or economic growth outcomes become more optimistic, this may prompt the institution to take tightening measures again.