Federal Reserve Rate Meeting Preview: Trump's Calls for Rate Cut Increase, Will Taiwan's Central Bank Hold Rates Steady?
The Federal Reserve is set to hold its rate decision meeting this week, with market consensus predicting no change in rates. Amid ongoing economic challenges, President Trump has reiterated that a 2% rate cut could save the U.S. $600 billion, raising the question of whether his comments will influence the Fed's decision-making.
Simultaneously, Taiwan's Central Bank will also hold its board meeting this week, where it is anticipated that if the Fed maintains current rates, Taiwan’s central bank will likely follow suit for a fifth consecutive time in freezing rates.
Moreover, the central bank may revise its economic forecasts in accordance with the Directorate-General of Budget, Accounting and Statistics, focusing on the impact of tariffs, inflation trends, and the outlook on exchange rates, especially regarding the New Taiwan Dollar's fluctuations and geopolitical tensions in the Middle East.
