Singapore central bank official: Monetary policy stance remains appropriate.
A Monetary Authority of Singapore (MAS) official said on Monday that, despite significant uncertainty in the global interest rate environment, Singapore's current monetary policy stance is appropriate. MAS Chief Economist Edward Robinson, speaking about the interest rate environment at a press conference, stated that it is expected that Singapore will maintain a certain degree of stability in the future. Economic assessments and forecasts, including output gaps, are consistent with previous predictions.
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