Singapore eases monetary policy for first time in 3 years

Singapore eases monetary policy for first time in 3 years

Malaysiakini - News·2019-10-14 15:04

Singapore's central bank eased monetary policy for the first time in three years on Monday, as widely expected, with the city-state's bellwether economy narrowly dodging recession.

Singapore - which is due to hold an election within months - has like other trade-reliant Asian economies been hit hard by the escalating U.S.-China trade war and a broader global slowdown.

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Finance Economy

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