Singapore eases monetary policy further as tariff threat persists

SINGAPORE -- Singapore's central bank further eased its monetary policy on Monday, marking its second such move this year, as U.S. tariffs cast a shadow over the outlook for the trade-reliant city-state.

Singapore revised its GDP forecast for 2025 to between 0% and 2%, versus an earlier forecast for 1% to 3%, and down from last year's 4.4% expansion, the trade ministry announced the same day.