Singapore central bank to hold off on easing as inflation persists ...Middle East

Singapore's central bank, the Monetary Authority of Singapore, meets on January 29:widely expected to leave its monetary policy unchanged this month and hold off from easing its settings until it sees more evidence that inflation is falling consistentlyAll 13 analysts polled by Reuters expect no changeInflation remains sticky. It came in at 3.2% in November and 3.3% in December, inching down from a peak of 5.5% at the start of 2023.The above is from a Reuters preview, full thing is here for the SGD folks:Singapore c.bank expected to leave policy steady for third straight review---Singapore is often seen as a bellwether for global growth as its international trade dwarfs its domestic economy

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