Further Rate Hikes Unlikely In Taiwan, China
Country Risk / Taiwan / Tue 30 Apr, 2024
Key View
- The Central Bank of the Republic of China (Taiwan) (CBC)'s decision to hike the policy discount rate by 12.5 basis points to 2.00% on March 21 came as a surprise to both us and the consensus.
- While the CBC seeks to maintain price stability, we believe it will ensure that tight monetary conditions does not come at the expense of economic