Over 90% of Financial Industry Forecast No Interest Rate Hike by Central Bank in Q2

Reported about 1 year ago

According to a survey by a financial news center, over 90% of financial industry experts predict that the policy interest rate will remain unchanged in the second quarter, despite some dissenting opinions due to the surprise rate hike in the first quarter. Speculation suggests the central bank may maintain its policy due to high economic growth, inflation rates, and a recovering economy, with a majority estimating the exchange rate of the New Taiwan Dollar to possibly rise after a potential Fed rate cut in September.

Source: YAHOO

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