Central Bank of the Republic of China

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 […] More

Central Bank of the Republic of China (Taiwan)

December 22, 2016

It was decided unanimously to leave Taiwan’s central bank interest rate at 1.375% after the latest quarterly policy review. Four consecutive reductions of 12.5 basis points had been implemented in September and December of 2015 and March and June of this year. A statement released after the meeting justified the stance as follows: Against a […] More

Central Bank of the Republic of China (Taiwan)

September 29, 2016

Monetary officials agreed to leave Taiwan’s discount rate unchanged at 1.375%, which is an accommodative stance according to a statement released today. The interest rate was cut by 12.5 basis points at each of the previous four quarterly policy reviews stretching back to September 2015. Monetary stances have remained easy at the central banks in […] More

Taiwanese Monetary Policy Eased Further in the face of Weak Chinese Demand and Brexit Concern

June 30, 2016

Policymakers at the Central Bank of the Republic of China unanimously cut Taiwan’s discount rate to 1.375% from 1.50%.  Reductions of 12.5 basis points had also been agreed upon at the three prior quarterly policy reviews.  A statement released today introduces a fresh concern: In last week’s referendum, the United Kingdom voted to leave the […] More

Central Bank Interest Rate Cut in Taiwan

March 24, 2016

The Board of the Central Bank of the Republic of China (Taiwan) meets on a quarterly basis and, as done last September and December, cut its three interest rates including the main rediscount rate by 12.5 basis points at this month’s review.  Three of the five 12.5-basis points hikes engineered between June 2010 and June […] More

Taiwanese Interest Rate Cut to 1.625%

December 17, 2015

The Central Bank of the Republic of China cut its discount rate by 12.5 basis points.  This decision followed a similar action at the prior quarterly review in September but had not been expected by analysts who thought Fed tightening would deter a move now.  At five successive reviews from June 2010 to June 2011, […] More

Central Bank of the Republic of China (Taiwan)

June 27, 2013

Taiwan’s discount rate was left unchanged at 1.875%, where such has been for the past two years.  The unanimous vote to keep the status quo was anticipated. Based on an assessment of lingering global economic uncertainties, a mild recovery of the domestic economy and subdued inflationary pressures, the Board judged that the current policy stance […] More

Pause Continuing in Taiwanese Monetary Tightening

September 20, 2012

The Board of the Central Bank of the Republic of China (Taiwan) left its discount rate at 1.875%.  It has been at that level since the last of five sequential quarterly increases in June 2011.  Each of those hikes amounted to 12.5%.  The discount rate earlier was slashed from 3.625% prior to September 2008 to […] More

No Change in Taiwan’s Benchmark Interest Rate

June 21, 2012

Following a quarterly review, monetary officials in Taiwan left their key policy interest rate at 1.87%.  This was the fourth rate review that resulted in no interest rate change.  From June 2010 through June 2011, five straight hikes of 12.5 basis points were implemented, lifting to benchmark by a total of 62.5 basis points from […] More