Taiwan central bank says still room for further interest rate cuts
FILE PHOTO: A staff member stands beside the Taiwanese Central Bank logo in Taipei, Taiwan February 26, 2018. REUTERS/Tyrone Siu
Speaking at parliament, central bank governor Yang Chin-long said more money would be made available if the T$200 billion is insufficient. The bank has already cut its full-year economic growth outlook to 1.92% from 2.57% forecast in December due to the virus. However, Yang said that so far the impact of the virus on the financial markets was not as severe as in 2008, and there would not be a financial crisis, with sufficient liquidity in the system.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
WHO says following Taiwan virus response closely, after complaintsThe World Health Organization (WHO) is closely following the development of the coronavirus in Taiwan and is learning lessons from how they are fighting it, the body said on Sunday, after complaints from Taiwan it was being intentionally ignored.
Leer más »
Taiwan central bank says still room for further interest rate cutsThere is room for further interest rate cuts, but they will not be reduced to zero or into negative territory, Taiwan central bank governor Yang Chin-long told parliament on Monday.
Leer más »
Taiwan foreign minister invites U.S. reporters expelled by ChinaTaiwan Foreign Minister Joseph Wu extended a personal invitation on Saturday for three major U.S. newspapers to station on the island their China-based journalists whose expulsion Beijing has announced.
Leer más »
Taiwan central bank says still room for further interest rate cutsThere is room for further interest rate cuts, but they will not be reduced to zero or into negative territory, Taiwan central bank governor Yang Chin-long told parliament on Monday.
Leer más »
Panic At The Gun Shop: Coronavirus Fears Cause A Run On Ammo And FirearmsGun store owners say they're seeing more customers than ever amid the coronavirus outbreak.
Leer más »
North Korea tests missilesNorth Korea fired two suspected ballistic missiles into the sea, South Korea and Japan said
Leer más »