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Singapore’s central bank kept its monetary policy settings unchanged for a fourth straight time on still-elevated price pressures and with the economy’s recovery seen staying the course.
Changing situation, the pandemic taught us a lot but i wonder, policy takes time to filter through to the real economy even a change with interest rates takes six months to be felt, we are talking a long—term thing here? to be felt, we are talking a long-term thing here? monetary oli is a long-term thing here? monetary policy is a very — long-term thing here? monetary policy is a very blunt _ long-term thing here? monetary policy is a very blunt tool, - policy is a very blunt tool, the rule of thumb is any change in monetary policy settings can take six or 12 or 18 months can work through ...