Singapore Unexpectedly Raises Currency Slope Slightly

The transcript discusses inflation expectations in Singapore, highlighting the Monetary Authority of Singapore's (MAS) forward-looking approach to monetary policy. It reviews past policy moves, such as the 2020 easing, and current inflationary pressures, particularly in food and fuel. The MAS's decision to adjust the currency band slope is noted as a surprise, reflecting a trend among central banks to address rising inflation. The transcript emphasizes the importance of anticipating global economic shifts, including oil price trends and actions by other central banks like the Fed and Bank of Korea.

What was the significant monetary easing action taken by the MAS in March 2020?

What is the anticipated impact of rising oil prices on Singapore's inflation?