Taiwan central bank minutes show some board members recommend considering rate rise

  • 11/4/2021
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TAIPEI, Nov 4 (Reuters) - Taiwanese central bank policymakers are worried about inflation and some board members have asked the central bank to consider the appropriate timing to raise the interest rate, minutes of their September meeting showed on Thursday. However, the central bank in September left its policy rate unchanged at 1.125%, the lowest on record, and raised its growth outlook for 2021 to 5.75% as strong exports bolstered the trade-reliant economy even in the face of a spike in domestic coronavirus infections now well under control. (Reporting by Jeanny Kao and Sarah Wu; Editing by Toby Chopra)

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