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2026-07-13 13:02:17
[RHB Bank: Monetary Authority of Singapore Expected to Maintain Policy for the Year; Inflation Moderate and Middle East Shock Not a Structural Threat] (1) Barnabas Gan, Chief Economist at RHB Bank Group, expects the Monetary Authority of Singapore to maintain its current monetary policy in July and for the remainder of the year. (2) Recent moderate inflation data has reduced the urgency for further policy tightening; the Middle East conflict is seen as a temporary shock rather than a structural threat to the global economy. (3) Global and domestic fundamentals remain resilient overall, while a more uncertain global trade environment prompts policymakers to remain cautious in assessing external growth risks.
