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Economists Expect Central Bank to Maintain Its Rates
Taiwan's economy is projected to grow 7.37% this year with inflation at 1.67%, supporting steady interest rates and continued housing market credit controls, economists said.
Summary by Taipei Times
3 Articles
3 Articles
Taiwan central bank to keep rates unchanged, experts predict
Taipei, Dec. 15 (CNA) Local economists expect Taiwan's central bank to leave its key interest rates unchanged for a seventh straight quarter at its next policymaking meeting Thursday because of the country's strong economic growth and stable inflation.
·Taiwan
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The Central Bank's board meeting will be held this week. With inflationary pressures easing and economic growth maintaining a moderate recovery, the market generally expects the central bank not to adjust policy interest rates in December. Instead, the focus has shifted to the central bank's attitude towards the housing market and exchange rate, and whether it will release further policy signals, which has become the focus of attention.
Coverage Details
Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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