Taiwan's central bank will announce their policyrate decisions on 26 March. No easing is expected like other Asian central banks.
The recent trends in Taiwan's 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.
Standard Chartered notes....
The lack of upside risk to domestic prices suggests that policy makers will maintain a pro-growth monetary stance in H1-2015.
Commentary
Taiwan's CBC to maintain pro-growth monetary stance in H1-2015
Taiwan's central bank will announce their policyrate decisions on 26 March. No easing is expected like other Asian central banks. The recent trends in Taiwan's industrial production, overseas orders, unemployment and con…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
