Central Bank of the Republic of China (Taiwan)

March 22, 2018

At the end of the latest policy review, Taiwanese monetary officials retained a 1.375% discount rate. It’s been at that level since four consecutive cuts of 12.5 basis points from September 2015 through the meeting in June 2016. Taiwan continues to experience positive growth and stable, sub-2% inflation. The appropriateness of the present interest rate structure in Taiwan is argued as follows: “both current inflationary pressures and future inflation expectations are mild, and Taiwan’s real interest rate stands at an appropriate level among major economies. In addition, global economic outlook still faces uncertainties, while the domestic growth momentum could soften modestly from the previous year and the actual output remains below potential.”

Copyright 2018, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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