Taiwan’s central bank says still room for more interest rate cuts – Gulf Today

Taiwan’s central bank says still room for more interest rate cuts – Gulf Today

Taiwan's central bank says still room for more interest rate cuts. Taiwan's central bank (CB) has room for further interest rate cuts, governor Yang Chin-long said on Thursday, but he cautioned economic growth could be less than 1% this year due to the impact of the coronavirus pandemic.. Speaking in parliament, Yang said there was "basically" room for more rate cuts, but that they would also see what other central banks around the world were doing.. In a race to position itself in the latest trade battle between the United States and China, Taiwan Semiconductor Manufacturing Co made it just under the wire..