A low jobless rate should help boost consumption in the first half. |
Demand for consumer electronics in China is booming. |
Growth slowed because orders from the mainland were relatively few. Companies didn't want to hold big inventories during the Lunar New Year holiday. |
Inflation isn't a concern in Taiwan. That will be a solid reason for the central bank to adopt a relatively looser monetary policy compared with the U.S. |
Rising inflation will exacerbate pressure on the central bank to raise interest rate again. The tightening policy will persist as the central bank tries to reverse the negative real rate. |