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Policy tightening has ways to go as global inflation above targets: Singapore central bank chief

Singapore, March 10 (ANI): Ravi Menon, Managing Director of the Monetary Authority of Singapore central bank said even though various central banks have shifted to a lower degree of an interest rate hike, the ongoing monetary policy tightening has some ways to go as the inflation numbers are still above targets.
The US Federal Reserve, the European Central Bank (ECB), and the Bank of England stepped down to a more modest