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Reuters Poll Expects Singapore Policy Tightening on 14 October

All ten economists in a Reuters poll expect Singapore’s Central bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More to tighten Monetary PolicyMonetary Policy refers to the set of central-bank actions used to influence money, credit, interest rates, and financial conditions. The term belongs in Level 7 because it helps...Read More on 14 October. Singapore manages policy through its ExchangeDefinition An exchange is an organised marketplace where buyers and sellers can trade financial assets according to a common set of rules. Examples of assets traded on exc...Read More-rate band. The poll is a forecast, not an announced policy decision.

All 10 economists surveyed by Reuters expect Singapore’s Monetary Authority (MAS) to tighten monetary policy at its October 14 meeting. Strong economic growth and rising InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More risks from higher OilOil refers to a globally traded energy commodity whose price is shaped by supply, demand, inventories, geopolitics, and economic activity. The term belongs in Level 7 because it...Read More prices and potential food-SupplyHow much sellers are willing to offer at a given price. More eager sellers can lean on price.Read More disruptions are strengthening the case for a firmer Singapore dollar.

ItemValueWhy it matters
F1 FORECAST All ten economists in a Reuters poll expect Singapore’s central bank to tighten monetary policy on 14 October. Singapore manages policy through its exchange-rate band. The poll is a forecast, not an announced policy decision.
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