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flag Singapore's central bank eases monetary policy as inflation drops and growth forecasts slow.

flag Singapore's central bank, the Monetary Authority of Singapore (MAS), has eased its monetary policy for the first time since 2020, reducing the slope of its exchange rate policy band due to a faster-than-expected decline in inflation and a forecasted slowdown in growth. flag Inflation is projected to average 1.5%-2.5% in 2025, down from 2.4% in 2024, while GDP growth is expected to slow to 1%-3%. flag For December 2024, core inflation eased to 1.8% year-on-year, down from 1.9% in November.

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