A sharp slowdown in growth and very weak price pressures were the two key factors behind the decision of Taiwan’s central bank (CBC) to cut interest rates by 12.5 basis points to 1.75% at its meeting today. Looking ahead, with growth likely to recover and inflation set to rebound towards the end of the year, today’s rate cut is likely to be a one-off.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services