Taiwan central bank raises rates for first time since 2011


The board of directors of Taiwan’s central bank ordered the first rate increase since 2011 on March 17, raising it by 25 basis points to 1.375%. The move was the first change in the policy rate since March 2020 and the first hike since 2011, and apparently surprised most market watchers. Polls of economists by Bloomberg and Reuters had found that most expected no change in rates.

ING noted that Taiwan usually adjusts interest rates in 12.5bp increments. Bloomberg said this was the largest hike

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account