Monetary Authority of Singapore Quarterly Report

RESEARCH - The economics department of the Monetary Authority of Singapore has published its May 2001 Quarterly Report on Financial Markets.

Highlights

Concerns over a US-led global economic slowdown, exacerbated by continued turmoil in the TMT sector, weighed heavily on global financial markets during the period under review. Nevertheless, the US Federal Reserve's aggressive monetary easing provided much-needed relief while a weakening Yen and domestic political developments added volatility to

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