MAS eases Singdollar policy for first time since March 2020 as it lowers key inflation forecast
The last time MAS eased the pace of Singapore dollar’s appreciation in 2020 was when the economy was headed for its worst recession ever in the wake of the Covid-19 pandemic. This time around the decision comes after inflation, which had soared to its highest levels in more than a decade in 2023, dropped to a three-year low in December 2024.