Taiwan's central bank has decided to keep the country's current interest rate unchanged. It follows a recent move by the U.S. Federal Reserve to cut that country's rate.
Category
🗞
NewsTranscript
00:00Meanwhile, Taiwan's central bank has decided to keep its current interest rate of 2 percent.
00:06The move comes shortly after the U.S. Fed's announcement of a rate cut.
00:11This is the second time in a row Taiwan's central bank has decided to leave rates unchanged
00:16after it unexpectedly raised them in March.