Taiwan's Central Bank Keeps Interest Rate Unchanged, No Easing on Property Market Controls
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Taiwan's central bank announced on June 18th, following its Q2 board meeting, that it would maintain its policy interest rates, marking the ninth consecutive hold. Governor Yang Chin-long stated the decision was based on a mild domestic inflation outlook and stable economic growth. Regarding the highly-watched property market controls, the bank did not implement any easing measures, indicating it will continue to monitor policy impacts and review measures to ensure financial stability.