{
  "id": 14370314,
  "title": "Singapore central bank maintains monetary policy, keeps S$NEER band unchanged",
  "url": "https://urgent.news/2026/10/14/singapore-central-bank-maintains-monetary-policy-keeps-s-neer-band",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T04:46:40.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/singapore/2026/10/14/singapore-central-bank-maintains-monetary-policy-keeps-sneer-band-unchanged/239046"
  },
  "original_language": "en",
  "account": "The Monetary Authority of Singapore (MAS) has kept its monetary policy unchanged, retaining the Singapore dollar nominal effective exchange rate (S$NEER) band following two consecutive hikes. In a recent statement, MAS projected that Singapore's economy will continue to expand at a robust pace in the near term, with a gradual slowdown expected as the artificial intelligence (AI) cycle eases and global financial conditions tighten. Core inflation is anticipated to moderate significantly from mid-2025, with an average range of 1.5 to 2.0 per cent in 2026, while the Consumer Price Index (CPI)-all items inflation is expected to settle around 2.0 per cent. For the upcoming year, MAS's core and CPI-all items inflation rates are projected to average between 1.5 to 2.5 per cent. MAS's decision to maintain the current appreciating policy band will help strengthen the S$NEER and counteract the expected near-term rise in imported inflation, thereby facilitating the gradual easing of inflationary pressures in 2027. The central bank affirmed its readiness to respond effectively to any risks to medium-term price stability and will continue to monitor economic developments closely.",
  "summary": "SINGAPORE, Oct 14 — The Monetary Authority of Singapore (MAS) has maintained its monetary policy stance, keeping t...",
  "key_points": [
    "Monetary Authority of Singapore maintains monetary policy unchanged",
    "S$NEER band remains unchanged after two consecutive hikes",
    "MAS projects gradual slowdown in economy growth"
  ],
  "editors_take": "Maintaining the current exchange rate band prioritizes the fight against imported inflation to ensure long-term price stability as the central bank prepares for a projected economic slowdown.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}