The central bank has decided that interest rates will be 6, but will be "slim in compliance" through open market operations, and the currency policy will be "opportunity". President Yang Jinlong was relaxed in the original three interest rate cuts. He admitted that the traditional industry was affected by the ability of large-scale Chinese industries to open and taxes. Taiwan's economic growth rate this year is special. If the 232 survey results are not good for Taiwan, high-tech industries will also fall, "the currency policy must be used to make some reasons."
The United States Federation of China announced a 1-digit interest rate cut. The Central Bank held its third quarter supervisory meeting on the 18th. Considering the stable economic growth of this year, the economic growth force will be gentle next year. In order to cautiously respond to the uncertainty of the global economic outlook and the possible impact of US trade policies on domestic economy, the Board of Directors believes that maintaining policy interest rates will help the overall economic and financial development, so it decided to maintain policy interest rates.
However, Yang Jinlong mentioned many times that the economic prospects are full of uncertainty, and he has also been relaxed in the interest rate cut.
Yang Jinlong has publicly stated many times in the past that whether the central bank cuts interest rates depends on three conditions, including domestic economic situation, Taiwan's inflation rate fell to 1.5%, and the main economic currency policy.
According to the latest forecast released by the central bank on the 18th, it is estimated that the economic growth rate will be 4.55% and 2.68% this year and next year, and the annual growth rate of the Consumer Price Index (CPI) is 1.75% and 1.66% respectively.
Yang Jinlong said on the 18th that "the central bank's interest rate cut strategy is still data dependent (data-dependent)" but the CPI standard 1.5% mentioned in the past is indeed too rigid and should be more flexible. Moreover, the annual growth rate of CPI next year is 1.66%, which is actually not much different from 1.5%.
Yang Jinlong said that the international trade situation will be full of uncertainty next year, and the United States has cut interest rates, while the US Terms 232 are partly "for us (meaning semiconductor taxes)". If the electronic and information industry is not as strong as this year, and it may even be very harmful, "the currency policy must be used to make some reasons."
Yang Jinlong said that this year's trade has performed poorly under the tax and China's supply remaining two negative factors. If the originally strong industry pillar (electronics industry) falls down next year, it must be based on the currency policy. However, if the electronic industry maintains strong electric energy and the industry is weak, it can first provide sufficient funding environment and provide industry support through open market operations and other measures. This supervision meeting is also carried out in this way.
Extended reading: The United States will cut interest rates by one code to 4%~4.25%! Click here to estimate interest rate cuts will be extended to three codes this year