News out a short while ago and brought to my attention by resident Asian correspondent Xin
- formerly 1.875%
- rate cut to benefit prices and financial stability
- rate cut will support economic growth
- inflation outlook not seen very low next year
- TWD has depreciated due to foreign outflows
- lower interest rates can help increase effective demand
- Taiwan's monetary policy doesn't have to follow US
Another round of Asian easing. Will the BOJ join the party anytime soon?