Reported 11 months ago
As global attention turns to the Federal Reserve's interest rate decision next week, Taiwan's central bank will also convene a board meeting to discuss whether or not to raise interest rates. Speculations suggest that a rate hike might be aimed at curbing the housing market, but some scholars argue that with interest rates currently at their highest in 15 years, not raising them would still be considered tightening. The decision on a rate hike will be made after reaching a consensus at the upcoming board meeting on June 13, with the focus on selective credit controls rather than interest rate adjustments to address housing issues. The dilemma between raising or maintaining interest rates is emphasized, with experts warning about the potential negative impact of a rate hike on the overall economy.
Source: YAHOO