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[Edward Robinson: Central Banks May Ease Monetary Policy After AI Boosts Productivity] Edward Robinson, Chief Economist at the Monetary Authority of Singapore, stated on October 20 that once artificial intelligence brings widespread productivity improvements, central banks may be able to ease monetary policy. Currently, the AI investment boom is driving demand, and policy should remain restrictive. Robinson pointed out that while AI-related investments are driving economic growth, the technology has yet to deliver significant productivity improvements across the broader economy. The Monetary Authority of Singapore tightened monetary policy in April and July 2026, maintained policy unchanged in October, and warned that if the AI boom drives up unit labor costs, domestic inflation could remain elevated. (Source: The Straits Times)

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