Singapore unexpectedly leaves monetary policy unchanged as risks grow

SINGAPORE¬† -Singapore’s central bank on Friday left its monetary policy settings unchanged, reflecting the city-state’s concerns about its growth outlook and surprising economists who had expected another round of tightening. The announcement came as Singapore’s economic growth for the first quarter missed expectations. It was the first time the Monetary Authority of Singapore (MAS) has … Continue reading Singapore unexpectedly leaves monetary policy unchanged as risks grow