Singapore’s Central Bank Caught Between a Rock and a Hard Place

CNBC.com, 3 Oct 2012
Talk that Singapore’s monetary policy will be eased soon is growing louder as the economy teeters on the brink of recession. Yet, high inflation puts the country’s central bank in a bind and its next policy move is by no means a done deal, economists say.
The Monetary Authority of Singapore (MAS), the country’s central bank, is expected to unveil its half-yearly policy statement next week, possibly coinciding with the release of data showing how the economy performed in the third quarter. Full story