Monetary policy likely to be unchanged

Sticky issue: People walking past a mural by artist Sean Dunston in the Chinatown district of Singapore. Core inflation in the city-state will return to the 2% level in early 2025, according to an analyst. — AFP

SINGAPORE: Singapore’s central bank is widely expected to keep monetary policy unchanged this week and hold off easing settings amid lingering risks to the inflation outlook caused by geopolitical tensions.

Of the 10 analysts polled by Reuters, nine expect the Monetary Authority of Singapore (MAS) to hold off making changes to its policy at the scheduled review on Friday.