(Bloomberg) Singapore’s central bank kept its monetary policy settings unchanged for a third straight time amid expectations for inflation to ease only later this year — a decision that suggests any easing could be farther down the road.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetThree US Troops Killed in Attack Tied to Iran-Backed GroupsHouthi Hit on Russian Fuel Has Oil Traders Recalculating RisksSingapore’s $200,000 Toyotas Fuel Angst Over Wealth
MAS also sees the prospects for Singapore’s economy to continue improving in 2024, while retaining its earlier projection for gross domestic product growth of between 1%–3%.
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