Focus Taiwan
Date: 2019/12/14
By: Pan Tzu-yu and Frances Huang

Taipei, Dec. 14 (CNA) Taiwan's central bank is expected to announce no change in its key interest rates for the 14th consecutive quarter in an upcoming quarterly policymaking meeting scheduled for Dec. 19, on the back of sound economic fundamentals and mild inflationary pressure, economists said Saturday.

If the forecasts are accurate, the central bank's discount rate will remain at 1.375 percent, rates on accommodations with collateral at 1.750 percent and accommodations without collateral at 3.625 percent.

Such a decision by the local central bank will come after the U.S. Federal Reserve concluded a policymaking meeting on Wednesday, the last meeting this year, at which it left its key interest rates unchanged following three rate cuts earlier this year.

The Fed's policymaking meeting was closely watched by central banks around the world.
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