Singapore, 24 July 2026 – The Monetary Authority of Singapore is expected to leave its exchange-rate policy unchanged at its upcoming review, although a gradual pickup in inflation and continuing energy-price risks could prompt the central bank to signal that further tightening remains possible later this year.

Singapore’s core inflation accelerated to 1.6% year-on-year in June, up from 1.4% in May, as food, services, retail and other goods recorded stronger price increases. On a month-on-month basis, core consumer prices edged up by 0.1%. Ministry of Trade and Industry

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Bernard Lee

Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.

MAS Expected to Hold Policy Steady as Inflation Pickup Keeps Tightening Option Open

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