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Taiwan To Maintain Rates Amid Inflation Concerns

People buy food items at a market in New Taipei City

Taiwan is expected to maintain its current interest rates as concerns over inflation persist, according to a recent Reuters poll. The decision to hold rates steady comes as the country grapples with rising prices and economic uncertainties.

The Central Bank of Taiwan is anticipated to keep its benchmark rate unchanged in an effort to support economic stability. Inflationary pressures have been mounting, driven by factors such as supply chain disruptions and increasing global commodity prices.

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