Monetary Authority Of Singapore Monetary Policy Statement
<h2><span style="font-size: small;">INTRODUCTION</span></h2> <p><span style="font-size: small;">1. In its April 2021 Monetary Policy Statement, MAS kept the rate of appreciation of the S$NEER policy band at zero percent, with no change to the width of the policy band or the level at which it was centred. This policy stance was appropriate as core inflation was projected to rise only gradually from subdued levels and keep below its historical average.</span></p>