Business

Define monetary policy, and discuss the operation of monetary policy in Singapore from mid-2014.

1) Excutive Summary (very important)

2) defination and brief history of monetary policy

3) roles and 3 tools of monetary policy

4) current monetary policy operations in Singapore

5) future direction of Singapore’s monetary policy + the pros & cons

6) conclusion

7) references

**compare Apr 2014 to Oct 2014 with Apr 2015 to Oct 2015 (comment on the changes)

total words: 2000 to 2200