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Singapore eases monetary policy for the first time since 2020

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Summary
Nutrition label

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

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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