Author Topic: Taiwan cuts interest rates for first time since 2009  (Read 217 times)

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Taiwan cuts interest rates for first time since 2009
« on: September 25, 2015, 02:35:58 AM »
Taiwan's central bank on Thursday lowered its policy rate to 1.750 percent from 1.875 percent, the first cut since 2009, citing the slowdown in global economic growth.
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Re: Taiwan cuts interest rates for first time since 2009
« Reply #1 on: September 25, 2015, 02:36:57 AM »
Eight economists out of 14 in a Reuters poll had expected the central bank to cut the discount rate to 1.75 percent from 1.875 percent, following the U.S. Federal Reserve's decision to hold off on raising interest rates.
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