Taiwan Central Bank Likely To Stand Pat On Rates Thurs

PREVIEW: Taiwan's central bank will likely hold its policy interest rates steady for the fifth consecutive quarter Thursday as rising inflationary pressure leaves it in a bind, despite weakening exports and domestic consumption, according to 14 economists in a Dow Jones poll. The poll tips the central bank to keep the discount rate at 1.875%, the secured loan rate at 2.250% and the unsecured loan rate at 4.125%. Masterlink economist Anita Hsu says the central bank may instead lower other interest rates, such as the interest rate on banks' required reserve at the central bank, to signal it is embracing a monetary loosening stance. KGI Securities economist Andrew Tsai says on the backdrop of an improving outlook for the remainder of the year, the central bank may still leave interest rates untouched at its next meeting in December; "by then, inflation won't be much of a concern because the typhoon season would be over," he adds.

Taiwan Central Bank Likely To Stand Pat On Rates Thurs

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