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14-02-2016, 03:20 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
The possibility of Singapore's central bank easing monetary policy at its scheduled policy review in April is rising, analysts say, as weak economic data points to a worsening outlook for growth.
A batch of indicators released last month showed the city-state's economy ended last year on a lacklustre note, adding to worries that global headwinds will keep the trade-dependent economy on a wobbly footing this year.
Last year, exports fell 0.1 per cent, the third straight year of annual decline, while industrial production suffered its biggest year-on-year slump in eight months in December. "The probability of Singapore slipping into recession...is increasing," said Dr Chua Hak Bin, Asean economist for Bank of America Merrill Lynch.
http://www.straitstimes.com/business...rising-experts (http://www.straitstimes.com/business/economy/likelihood-of-mas-easing-monetary-policy-rising-experts)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?225127-Sing-to-depreciate&goto=newpost).
The possibility of Singapore's central bank easing monetary policy at its scheduled policy review in April is rising, analysts say, as weak economic data points to a worsening outlook for growth.
A batch of indicators released last month showed the city-state's economy ended last year on a lacklustre note, adding to worries that global headwinds will keep the trade-dependent economy on a wobbly footing this year.
Last year, exports fell 0.1 per cent, the third straight year of annual decline, while industrial production suffered its biggest year-on-year slump in eight months in December. "The probability of Singapore slipping into recession...is increasing," said Dr Chua Hak Bin, Asean economist for Bank of America Merrill Lynch.
http://www.straitstimes.com/business...rising-experts (http://www.straitstimes.com/business/economy/likelihood-of-mas-easing-monetary-policy-rising-experts)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?225127-Sing-to-depreciate&goto=newpost).