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Recapping Advanced 1Q GDP Figures and the MAS' One-Two Punch
Advanced figures for Singapore's 1Q GDP showed that the economy grew by 3.4% in the 1st 3 months of the year, missing consensus estimates. On top of that, the Monetary Authority of Singapore enacted not one, but two, tightening measures while raising their inflation outlook for the year. On Prime Time, JP Ong spoke to Selena Ling, Chief Economist and Head of Treasury Research & Strategy at OCBC, to get her reaction to the numbers.See omnystudio.com/listener for privacy information.
The skinny
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