131 views
Photo from MAS

MAS fights price pressures with another policy tightening

The midpoint of the Singdollar policy band was re-centred up to its prevailing level.

The Monetary Authority of Singapore (MAS) has tightened its monetary policy for the fourth time since October 2021 to “ensure that price pressures are dampened over the next few quarters.”

In an announcement, MAS said it re-centred the midpoint of the Singdollar policy band up to its prevailing level, but did not change the slope and width of the band.

“This policy shift, building on past tightening moves, will further reduce imported inflation and help curb domestic cost pressures,” MAS said.

“The policy stance will help dampen inflation in the near term and ensure medium-term price stability, providing the basis for sustainable economic growth,” it added. 

Follow the link for more news on

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!