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MNI MAS Preview - April 2023: A Close Call, But No Change Expected

SINGAPORE
  • Friday’s MAS policy meeting is a close call in terms of whether the central bank delivers further tightening, or decides to hold steady. Like other central banks in the region, the MAS faces a delicate balancing act in terms of assessing the outlook from an inflation and growth standpoint. Our bias rests with the MAS holding steady at this meeting, but admittedly it is a close call. There is no clear sell-side consensus in terms of what will be delivered.
  • Full preview: MNI MAS Preview - April 2023

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