, Singapore

Monetary policy band set to be widened in April meeting, says Credit Suisse

To guard against higher uncertainty.

The Monetary Authority of Singapore (MAS) is expected to widen the policy band in its meeting this April, a report by Credit Suisse stated.

According to Credit Suisse, the central bank’s assessment of growth outlook probably has not changed drastically enough since January to justify more significant easing.

The report also noted that band widening should be the most appropriate course of action to deal with higher uncertainty surrounding Singapore’s growth trajectory.

“We now see band widening as the most likely policy action come April rather than the downward re-centering that many analysts expect. A downward re-centering may also send too strong a signal that the authority has turned materially more dovish, which we doubt is the case,” stated Credit Suisse.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.