Taiwan's Central Bank Likely to Continue to Stand Pat

Dow Jones
Yesterday

1037 GMT - Taiwan's central bank is likely to keep its rates on hold for the foreseeable future, amid subdued price pressures and solid economic growth, says Capital Economics' Jason Tuvey in a note. High energy prices had increased the chances of a rate increase, but other recent developments prompted officials to hold fire. Although August data showed a sharp drop in headline inflation, inflation exceeded 2% for the fourth consecutive month. The Central Bank of the Republic of China (Taiwan) seemed fairly sanguine on inflation risks, Tuvey says, raising its inflation forecasts for 2026 but expecting prices to cool in 2027. Taiwan will likely report strong GDP growth in 3Q, Tuvey says, but he doesn't expect swift growth to fuel inflation pressures as it is being accompanied by rapid productivity gains.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10