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Singapore unexpectedly tightens monetary policy as price pressures grow

Singapore's central bank unexpectedly tightened its monetary policy on Thursday, delivering its first such move in three years, amid mounting cost pressures caused by supply constraints and a recovery in the global economy.

Singapore unexpectedly tightens monetary policy as price pressures grow | Singapore

SINGAPORE, Oct 14 ― Singapore's central bank unexpectedly tightened monetary policy today, saying the move would ensure medium-term price stability amid mounting cost pressures caused by supply constraints and the global recovery. The city-state joins a group of economies that have begun to dial.

Singapore tightens monetary policy in surprise move as price pressures grow

SINGAPORE -Singapore s central bank unexpectedly tightened its monetary policy on Thursday, delivering its first such move in three years, amid mounting cost pressures caused by supply constraints.

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