SGD: Tightening looms – ANZ
|Analysts at ANZ suggest that strong economic growth and rising inflation in 2018 will see MAS exit from their neutral policy stance at the October review.
Key Quotes
“This would result in the S$NEER moving towards the upper bound ahead of the tightening move, and strengthen thereafter in line with the appreciation stance.”
“Any re-centring will only be an option if growth and inflation pressures turn out to be much stronger than forecast.”
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