Singaporean Inflation Rate YoY (Feb) Y/Y 1.2% vs. Exp. 1.2% (Prev. 1.4%)
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UK PM Starmer is to bring forward EU rules legislation in the King’s Speech in May, according to FT
China state refiners are said to be exploring Iran oil deals following US waiver
Singaporean Inflation Rate YoY (Feb) Y/Y 1.2% vs. Exp. 1.2% (Prev. 1.4%)
Academics and reflationists Toichiro Asada and Ayano Sato have been confirmed as BoJ board members
TEPCO (9501 JT) reportedly plans commercial restart of Niigata reactor in April
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Context
Singapore's inflation rate for February printed at 1.2%, aligning with expectations but down from the previous 1.4%. This steady rate may suggest that inflationary pressures are easing, which could influence the monetary policy stance of the Monetary Authority of Singapore, potentially reducing the urgency for tightening in the near term.
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