MAS eases S’pore dollar policy to help economy

Growth risks: Pedestrians walk along the promenade near the central business district in Singapore. The latest S$Neer easing follows a similar move made earlier in 2025 as worries over economic growth surfaced. — AFP

SINGAPORE: Singapore’s central bank has reduced the pace of the local currency’s trade-weighted appreciation in its second such move in 2025, in response to easing inflation and rising risks to economic growth from US President Donald Trump’s tariff barrage.

Inflation has eased, with the Monetary Authority of Singapore (MAS) now expecting core inflation – which excludes private transport and accommodation costs to better represent household expenses – to average 0.5% to 1.5% in 2025, down from the 1% to 2% predicted in January.