Taiwan's central bank likely to keep interest rate steady at 2%, balancing economic growth and inflation.

Taiwan's central bank is expected to keep its policy interest rate at 2% during its meeting this week, according to economists. This decision comes as Taiwan's economy, boosted by the AI boom, is projected to grow over 4% in 2024 and 3.3% in 2025, but inflation concerns remain, with the consumer price index rising to 2.08% in November. The central bank is focusing on curbing inflation while maintaining economic growth.

4 months ago
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