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        "rendered": "SGD: MAS tightening path supports currency \u2013 Standard Chartered"
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        "rendered": "<div id=\"post-content-section\">\n<p>Standard Chartered\u2019s Edward Lee and Jonathan Koh expect the Monetary Authority of Singapore to steepen the SGD NEER slope by 50bps in April, partially reversing pre-emptive easing from H1-2025 while keeping the band unchanged. They highlight higher Oil prices, increased inflation forecasts, and Singapore\u2019s safe-haven status, and prefer to fade dips in SGD NEER around 1.0\u20131.5% above the policy mid-point.<\/p>\n<h2>MAS stance underpins Singapore Dollar<\/h2>\n<p>&#8220;We expect the Monetary Authority of Singapore (MAS) to steepen the SGD NEER slope by 50bps in April to +1.0% per annum, while keeping the centre and the +\/-2% policy band unchanged.&#8221;<\/p>\n<p>&#8220;Reflecting higher oil prices, we raise both our core and headline inflation forecasts for 2026 to 2.5% from 1.5% previously.&#8221;<\/p>\n<p>&#8220;On balance, we expect the MAS to first partially remove 2025\u2019s pre-emptive easing and then assess the evolving Middle East situation.&#8221;<\/p>\n<p>&#8220;We maintain our constructive <a href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor>outlook<\/a> on the SGD versus regional peers.&#8221;<\/p>\n<p>&#8220;As a result, we prefer to fade dips in SGD NEER at c.1.0-1.5% above the mid-point of the policy band.&#8221;<\/p>\n<p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)<\/em><\/p>\n<\/div>",
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