Central bank unlikely to adjust key interest rates: economists

The China Post
Date: March 29, 2015
By: CNA

TAIPEI–Taiwan’s central bank, which just kept its key interest rates unchanged for the 15th consecutive quarter, is unlikely to raise rates any time soon because of the ongoing need for liquidity to sustain growth, economists said Saturday.

Other economists said there was also no room for the central bank to cut interest rates because domestic rates are already low, even if neighboring countries such as China and South Korea have lowered rates to stimulate their economies.

The central bank decided on Thursday to leave its discount rate unchanged for the 15th consecutive quarter at 1.875 percent.     [FULL  STORY]

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