Taiwan cut seen as start of easing cycle
Move marks beginning of prolonged easing cycle, says analysts
Taiwan's central bank has cut interest rates for the first time since 2011 in an attempt to boost negative inflation and stalling growth that analysts say could mark the beginning of prolonged monetary easing.
The Central Bank of the Republic of China (Taiwan) monetary policy board made a unanimous decision yesterday (September 24) to lower its key discount rate by 12.5 basis points to 1.75%.
The cut comes as lower growth in China and a weaker renminbi are putting pressure on exporters and
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