Market insights
Balancing the end to the US government shutdown with lower rate cut expectations
US stocks had a mixed week, with the S&P 500 and Dow Jones Industrial Average adding 0.1% and 0.3% respectively while the Nasdaq Composite fell 0.5%.
Singapore’s exchange rate and monetary policy
Infocus
7 min read
Singapore’s exchange rate and monetary policy
Most advanced small open economies manage monetary policy by varying a short-term policy interest rate in pursuit of a numerical objective for inflation, typically 2%.