Taiwan policy rate to remain at 1.875% for the next 16 quarters
The Taiwan central bank (CBC) is scheduled to hold its next quarterly policy meetingon 26 March.Standard Chartered says... We expect policy makers to keep the policy rediscount rate unchanged at 1.875% for a 16th straigh…
The Taiwan central bank (CBC) is scheduled to hold its next quarterly policy meetingon 26 March.
Standard Chartered says...
We expect policy makers to keep the policy rediscount rate unchanged at 1.875% for a 16th straight quarter.
Recent trends in industrial production, overseas orders, unemployment, and consumer confidence show that the recovery has spread from tech exports to the wider economy.
Furthermore, the recent sharp fall in global oil prices has capped headline inflation, which was likely negative in y/y terms for a second consecutive month in February.
The lack of upside risk to domestic prices suggests that policy makers will maintain a pro-growth monetary stance in H1-2015.
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