Dr Aurobindo Ghosh, Program Director at the Sim Kee Boon Institute for Financial Economics at SMU commented on Singapore's inflation as it continues to climb with housing and transport costs topping the increase. He said: "Increase of liquidity is not necessarily a way of generating more growth if the banks are not lending enough to each other then it is very difficult even with more liquidity to keep control on inflation because inflation is related to more liquidity in the market as well."

SUBSCRIBE TO SKBI MAILING LIST*

Be alerted on SKBI news and forthcoming events.

Newsletter checkboxes

*Please note that upon providing your consent to receive marketing communications from SMU SKBI, you may withdraw your consent, at any point in time, by sending your request to skbi_enquiries [at] smu.edu.sg (subject: Withdrawal%20consent%20to%20receive%20marketing%20communications%20from%20SMU) . Upon receipt of your withdrawal request, you will cease receiving any marketing communications from SMU SKBI, within 30 (thirty) days of such a request.