Monetary Authority of Singapore survey: HKMA expected to further ease policy in July

Monetary Authority of Singapore survey: Most respondents expect further monetary easing in the July policy review. Economists expect growth of 1.7% in 2025, down from 2.6% in the Quarter 1 survey, and growth in 2026 is also expected to be 1.7%. Overall CPI inflation is expected to be 0.9% in 2025, down from 1.7% in Quarter 1 and 1.5% in 2026. Core inflation is expected to be 0.8% in 2025, down from 1.5% in the Quarter 1 survey and 1.5% in 2026. Economists expect the economy to grow 3.0% year-on-year in the second quarter of 2025.