• 11/14/2024

Central bank directors remain concerned over inflation, hint no rate cuts

Taipei, Nov. 2 (CNA) Some directors of the Central Bank of the Republic of China (Taiwan) expressed their concerns over inflation, suggesting there is no rush for the bank to reduce interest rates, although several major central banks in the world have kicked off a rate cut cycle, according to the minutes of the September quarterly policymaking meeting released by the central bank.

https://focustaiwan.tw/business/202411020005