Singapore’s Central Bank Maintains Policy Unchanged in First 2024 Quarterly Monetary Policy Decision

Singapore’s Central Bank Maintains Policy Unchanged in First 2024 Quarterly Monetary Policy Decision

ByPeter Blunt

Singapore’s Central Bank Maintains Policy and Exchange Rate Band Summary Singapore’s central bank, the Monetary Authority of Singapore (MAS), announced on Monday that it will keep its policy unchanged in its first quarterly monetary policy decision of 2024. Furthermore, MAS will maintain its exchange rate policy band known as the Singapore dollar nominal effective exchange…

China’s Annual Producer Deflation Deepens in June, Underwhelming Market Expectations

China’s Annual Producer Deflation Deepens in June, Underwhelming Market Expectations

ByJohn Mahon

China’s Producer Deflation Deepens while Consumer Prices Remain Flat China’s annual producer deflation deepened in June while consumer prices were flat, official data showed Monday, underwhelming market expectations. The data underscores the depth of the challenges that beset the world’s second-largest economy in reviving demand and revitalizing growth. Monday’s data offers fresh evidence of slowing…

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