By Jun Yuan Yong
SINGAPORE (Reuters) -Singapore is expected to leave settings unchanged at its monetary policy meeting next week, as the city-state’s growth outlook remains resilient despite a slowdown in trade due to U.S. tariffs.
Of 14 analysts polled by Reuters, 10 expect the Monetary Authority of Singapore (MAS) to hold off making changes in its scheduled review on October 14.
Maybank economist Chua Hak Bin said a construction boom, generous fiscal support and falling interest rates have cushioned the blow from a trade slowdown.
“Some economic segments appear to be strengthening during the third quarter, judging by the readings for retail sales, hospitality, property transactions, bank lending, trading volumes and IPO deals, which will help cushion the contraction in exports,” he s