
Singapore Tightens Policy Again as Oil Rally Fuels Inflation Risk
Singapore's Monetary Authority unexpectedly tightened its policy stance for a second straight quarter by slightly speeding up the SGD NEER appreciation to preempt renewed oil-price–driven inflation, with inflation still modest (core 1.6%, headline 1.9%) and Q2 GDP up 5.7% year-on-year. The move comes as Brent oil climbs above $100 amid regional tensions, yet Singapore’s economy remains resilient thanks to electronics exports and AI demand, though officials warn imported costs may lift prices in coming months.


