The Monetary Authority of Singapore (MAS) has decided to maintain its current monetary policy stance, pausing after two tightening rounds earlier in the year. This decision comes alongside a revised core inflation forecast for Singapore, now projected to fall between 1.5 and 2 per cent, a reduction from the earlier 1.5 to 2.5 per cent range. The MAS continues to monitor global economic developments and their potential impact on Singapore’s economy. While acknowledging persistent inflationary pressures, the narrowing of the forecast suggests a potential easing of price increases. This recalibration indicates a more cautious approach by the MAS, balancing the need to manage inflation with the aim of supporting economic growth in Singapore. The authority will likely remain vigilant, prepared to adjust policy should circumstances change.