Taiwan Central Bank Holds Discount Rate at 1.875%

The Central Bank of the Republic of China (Taiwan) held its discount rate unchanged at 1.875% and the collateralized loan rate at 2.250% and the unsecured loans rate at 4.125%. Bank Governor, Perng Fai-nan, said: "A global slowdown and consumer prices stabilizing led to the decision," and further noted "Taiwan's imported inflation will cool as global prices ease in the next three...