The financial landscape in Taiwan has remained stable over the past month. The Central Bank has maintained its monetary policy stance and continued to monitor credit markets and economic indicators. However, we have observed some key developments have shaped the economic outlook, including interest rate decisions, exchange rate trends, real estate lending controls and employment data.
Monetary Policy & Interest Rates
The Central Bank of the Republic of China’s (Taiwan) (CBC) last board meeting was in December. At that time it it opted to maintain the benchmark discount rate at 2.00%. maintainingThe secured and unsecured loan rates were also frozen at 2.375% and 4.25%, respectively. When it met again on 20th March the status quo was maintained with no changes implelented. We see this as a balanced approach to economic growth and inflation control - especially with the CBC nodding to domestic inflation and steady global economic conditions as key considerations. We anticipate that i...
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