This is a Singapore news story, published by CNBC, that relates primarily to The Monetary Authority of Singapore news.
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core inflation rateCNBC
•Business
Business & Economics
89% Informative
Singapore on Friday loosened its monetary policy for the first time since 2020 .
The Monetary Authority of Singapore said it would slightly reduce the slope of its exchange rate policy band, known as the Singapore dollar nominal effective exchange rate or S$NEER .
MAS said Singapore 's growth momentum is expected to slow this year , and core inflation "has moderated more quickly than expected".
VR Score
96
Informative language
98
Neutral language
84
Article tone
semi-formal
Language
English
Language complexity
53
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Attention-grabbing headline
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Time-value
short-lived
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Source diversity
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