In the media | 24 Apr 2023
THE STRAITS TIMES: MAS pause on hawkish monetary policy stance reveals where it sees growth heading
Arup Raha
Head of APAC Economics
Arup Raha, Head of Asia Economics at Oxford Economics, shares an op-ed to discuss Singapore’s economic growth, following no change in the policy stance of the Monetary Authority of Singapore (MAS) in April.
Read the op-ed below:
To download our latest reports for Asia, please check Resource Hub – Oxford Economics.
Tags:
You may be interested in
Post
BoJ will continue effective zero interest rate policy anyway in Japan
The Bank of Japan (BoJ) maintained the policy rates at its September meeting, following a tweak in its yield curve control policy in July. Although this decision was widely expected, the markets are starting to speculate policy changes within the coming quarters, especially after the BoJ governor's recent interview.
Find Out More
Post
Is China headed for a Japanese-style balance sheet recession?
China's weak economic activity amid a housing correction has led many investors to draw comparisons with Japan's balance sheet recession of the 1990s. Despite the different pathways, there are several similarities between China now and Japan then that may augur a similar future of a period of prolonged stagnation.
Find Out More
Post
Food-driven inflation is unlikely to stay in Japan
As food tends to be purchased often and account for a large part in the consumption basket – 22% in CPI, excluding restaurants – price increases in food give considerable impact on households' purchasing power.
Find Out More