As expected, central bank leaves interest rates unchanged
2 Articles
2 Articles
As expected, central bank leaves interest rates unchanged
Taipei, June 18 (CNA) The local central bank on Thursday decided to leave its key interest rates unchanged after wrapping up a quarterly policymaking meeting, marking the ninth consecutive quarter the bank has maintained interest rates at the same level.
The Central Bank of Taiwan (CBC) held its second-quarter board meeting on the 18th, announcing a ninth consecutive interest rate freeze. However, CBC Governor Yang Chin-long revealed that the central bank's monetary policy stance is "hawkish," with two board members advocating for an interest rate hike and closely monitoring inflation trends. At the same time, the CBC is optimistic about Taiwan's economy, revising its 2018 economic growth foreca…
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