, Singapore

Singapore: Further tightening could push rates lower

Macquarie Research believes MAS is unlikely to tighten monetary policy again in October.

“Note that tightening in April pushed negative real interest rates lower and, given the softening US growth outlook, nominal rates are likely to remain low for much of 2011. As such, further “tightening” could exacerbate any existing asset bubbles,” said Macquarie Research.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!