SINGAPORE – Policymakers here are trying to tread a fine line between their fight against the emerging threat of inflation and the lingering risk that new Covid-19 infections may hinder growth, analysts said.
While the Monetary Authority of Singapore (MAS) on Thursday (Oct 28) sounded more confident of a faster-than-usual pace of expansion this year and next, it did stress that “the pandemic remains a source of considerable uncertainty”.
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