Singapore eases monetary policy for a second time; slashes GDP forecast after growth misses estimates
This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.
Since our last publication, our 1Q GDP tracking has remained unchanged at 0.4% q/q saar. [Apr 11th estimate]From Goldman:
<span style="font-size: x-small;">emphasis added</span>
We left ou…