MAS unlikely to make another off-cycle easing move: analysts

Deflation is less severe now.

The Monetary Authority of Singapore is unlikely to repeat last January's unscheduled policy easing move, according to a report by Reuters.

Eight of nine analysts surveyed by Reuters from Jan. 6 to Jan. 11 said the Monetary Authority of Singapore (MAS) was not expected to change policy before its next review in April.

The MAS surprised investors last January, when it eased its exchange-rate based policy in an unscheduled statement, saying declining global oil prices had significantly changed the city-state's inflation outlook.

Read the full report here.

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