Taiwan's central bank keeps key interest rates at 2%, aligning with U.S. Fed and Asian banks, amid inflation and global economic concerns.

Taiwan's central bank has decided to keep its key interest rates unchanged at 2%, aligning with the U.S. Federal Reserve and other Asian banks. This decision reflects ongoing concerns about inflation and the global economic landscape. The bank slightly raised its economic growth forecast for 2024 to 3.82% but remains vigilant due to risks such as China's economic slowdown and rising property prices, which may affect household earnings.

September 19, 2024
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