News Snapshot:
TAIPEI : Taiwan central bank governor Yang Chin-long said on Wednesday inflation would slow by the third quarter and any that rate rise decisions would depend on consumer price data, but that they would be very cautious on the pace of tightening. In a surprise move last month, the central bank raised its benchmark interest rate and by a much bigger margin than some expected, citing concerns about inflation, which have been driven by supply chain disruptions from the war in Ukraine. Taiwan's March consumer price index (CPI) rose an on-year 3.27per cent, a more than nine-year high and the...
