According to the results of the Singapore Index of Inflation Expectations released by SMU’s Sim Kee Boon Institute for Financial Economics – Singapore’s median inflation expectations for 2019 slid further to 2.88 per cent from last quarter’s 3.11 per cent. SMU Assistant Professor of Finance Aurobindo Ghosh, the project’s principal investigator, said that central banks around the world may tighten their monetary policy following the run-up of the US dollar from its own policy normalisation, while others may keep their policy more accommodative.