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.
Loosening comes as city-state downgrades 2025 growth forecast to 0% to 2%.
Nine out of 10 analysts polled by Reuters had anticipated the Monetary Authority of Singapore would loosen its policy settings. © Reuters
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.