Taiwan Central Bank Holds Benchmark Rate as Iran War Unfolds
The Department of the Treasury at the Taiwan Central Bank headquarters building in Taipei.
Photographer: I-Hwa Cheng/BloombergTaiwan left its key policy rate unchanged for the eighth straight quarter — the longest run since 2019 — giving it room to monitor the economic impact of the Iran War.
The central bank left the benchmark rate unchanged at 2%, according to a statement released after its quarterly meeting on Thursday — though it hinted that tightening was on the table if the fighting persisted. All 28 economists surveyed by Bloomberg predicted the hold.