Singapore tightens monetary policy, growth slows in Q1


SINGAPORE (Reuters): Singapore's central bank tightened its monetary policy on Thursday (April 14), saying the widely forecast move will slow inflation momentum as the city state ramps up its battle against soaring prices made worse by the conflict in Ukraine and global supply snags.

The policy tightening, the third in the past six months, came as separate data showed Singapore's economic momentum waning over the first quarter.

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Singapore , MAS , monetary , policy

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