Singapore central bank maintained its monetary policy on Wednesday after easing twice this year, as there are risks to growth from renewed trade conflicts and geopolitical shocks.
The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
The bank had softened its policy twice earlier this year and it is in an appropriate position to respond to risks to medium-term price stability, the bank said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.