Singapore Economy May See Q/Q Contraction in 4Q: DBS Bank

The video discusses the current economic climate, focusing on monetary policy, recession risks, and the impact of the US-China trade war. It highlights the cautious approach of monetary authorities, the weak global growth prospects, and the challenges faced by Singapore's economy. The discussion also covers the implications of global economic uncertainties, such as Brexit and the slowdown in China, on inflation and monetary policy.

What was the main reason for not reversing all the policy tightening from 2018 in one move?

• To maintain a calibrated approach

• To avoid a technical recession

• To boost industrial output

• To increase consumer confidence

How has the global trade war affected Singapore's manufacturing sector?

• It has led to increased exports

• It has caused a decline in electronics output

• It has improved business confidence

• It has strengthened the labor market

What is the expected impact of the US-China trade deal's first phase?

• It will immediately boost global growth

• It is a partial deal with more to come

• It will end the trade war

• It will fully resolve trade tensions

What is the Monetary Authority's outlook for 2020 GDP growth?

• It will improve modestly

• It will remain stagnant

• It will experience rapid growth

• It will decline significantly

What is a key objective of the monetary policy in the current trade environment?

• To strengthen the currency

• To decrease unemployment

• To promote growth while containing inflation

• To increase inflation