empty
 
 

2014.04.2105:57:00UTC+00Taiwanese Central Bank may Resume Hiking Rates in June

Quotes from Standard Chartered:

-We see a rising possibility that the CBC may resume hiking its policy re-discount rate during the next quarterly Monetary Policy Committee (MPC) meeting scheduled for 25 June.

-Recent public comments from policy makers appear to have turned slightly more upbeat on the domestic growth outlook. Although central bank policy makers expect inflation to remain stable, they have also warned about potential upside risk. 
-Of greater interest are policy makers' comments that the CBC is closely monitoring domestic price trends and will seek to prevent local interest rates from slipping back into negative territory after being adjusted for inflation. 

-We think this is a subtle hint from policy makers that the CBC stands ready to shift away from the current ultra-accommodative monetary stance should data show increasing growth momentum and that inflation is creeping higher in 2014. 

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback