I had a preview of the MAS decision up here.
- Singapore central bank says no change to slope, width and centre of SGD NEER policy band
- Monetary Authority of Singapore says core inflation is expected to come in at 0.5-1.5 pct in 2015, unchanged from the January MPS
- Says for 2015, cpi-all items inflation is projected at -0.5-0.5 pct
- Says mas core inflation and cpi-all items inflation are expected to ease further before rising towards the end of the year and into 2016
Quick headlines via Reuters
SGD finding some strength post the announcement and data
-
GDP data out also
- Singapore GDP for Q1 expands 2.1% y/y (1.7% expected)
- +1.1% q/q annualized & sa 9expected