Taiwan central bank unexpectedly raises rates on inflation concerns
TAIPEIĀ -Taiwan’s central bank raised its policy rate on Thursday in a surprise move reflecting concerns about inflation despite recent market turmoil caused by U.S. and European bank failures, which could play into further rate decisions this year. The central bank, in a unanimous decision, raised the benchmark discount rate by 12.5 basis points (bps) … Continue reading Taiwan central bank unexpectedly raises rates on inflation concerns
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