0931 GMT - Taiwan's central bank is likely to leave interest rates on hold at 2% for the foreseeable future, says Jason Tuvey, economist at Capital Economics in a note. Taiwan faces paying much higher prices on the global market to meet its energy requirements, but planned price caps will slow the pass-through to local energy prices and inflation, he says. Although the central bank raised its 2026 inflation forecast to 1.80% from 1.63%, the economist reckons that it's unlikely for inflation to emerge as a policy concern. "The uncertainty created by the conflict may contribute to some steam coming out of the economy but, for now at least, we expect growth to hold up well over the rest of this year and into 2027," he adds.(sherry.qin@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 05:31 ET (09:31 GMT)
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