SINGAPORE: Singapore's economy will stay on its recovery path in the third quarter but the global spread of the Delta coronavirus variant has clouded the outlook and will likely prompt the central bank to stay on hold, a Reuters poll showed. Eleven of 13 economists forecast the Monetary Authority of Singapore will make no changes to its policy settings on Oct. 14. Two expect the MAS to tighten slightly and begin normalising its policy, in line with other central banks. Most analysts expect the MAS to stay cautious, and see no change in the slope, mid-point and width of the policy band. But many are expecting the central bank could sound more hawkish to prepare markets for a possible tightening at its next meeting in April 2022.
