The central bank announced that it would raise interest rates by half a yard.

(file photo)

[Reporter Chen Meiying/Taipei Report] As expected by the market, the Federal Reserve decided to raise interest rates by 2 yards in the last interest rate meeting of this year. interest rates until 2015.

Since the beginning of this year, the central bank has raised interest rates four times in a row, a total of 2.5 yards; the bank deposit reserve ratio has been adjusted for two consecutive quarters, and this time it remains unchanged.

The central bank stated that considering that the domestic CPI annual growth rate has declined in recent months, it will still be higher than 2% for the whole year, and it is expected to fall below 2% next year. In addition, the global economic slowdown next year will continue to increase the downside risk, which will affect domestic exports and investment. Momentum, the domestic economic growth is expected to cool down.

The Central Bank Council believes that raising the policy interest rate and continuing to tighten monetary policy will help curb domestic inflation expectations, achieve the policy goals of promoting price stability, and assist the overall economic and financial development.

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After the Board of Governors and Supervisors of the Central Bank decided to raise the interest rate by half a yard, the rediscount rate, guaranteed loan financing rate and short-term financing rate were each raised by 0.125 percentage points, from 1.625%, 2% and 3.875% per annum to 1.75% and 2.125% respectively. and 4%, effective from December 16.

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