The Monetary Authority of Singapore has posted a $7.4 billion annual loss, weighed down by stronger Singdollar amid soaring inflation. At the same time, the MAS says inflation may ease next year, but that outlook is still uncertain. On Money in the Market, Hongbin Jeong speaks to Selena Ling, Head of Treasury Research & Strategy at OCBC Bank to discuss the impact this has on Singapore's economy, as well as the type of risks that can trigger inflation to continue into next year.