Reported 2 days ago
Taiwan's central bank has decided to keep its key interest rate steady at 2% while facing uncertainties due to President-elect Donald Trump's potential trade policies that may affect the island's export market. The decision comes as Taiwan grapples with rising property prices, which have seen significant growth over the past two years. The bank is monitoring the inflation forecast for next year at 1.89% and has slightly adjusted its growth outlook. Central bank officials expressed a need for caution in the real estate sector but remain poised to reassess policies in light of the evolving global economic landscape.
Source: YAHOO