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Realtime News
Home > News > Realtime News
Home > News > Realtime News
Central Bank Governor on oil price and CPI
Posted on 2026-03-30 14:07:16
Taiwan’s central bank says rising oil prices driven by tensions in the
Middle East could push inflation higher this year.



Central Bank Governor Yang Jin-long said his bank has already revised
Taiwan’s consumer price index growth to 1.8- percent.



If oil prices rise further to 100 U.S. dollars per barrel, inflation could
edge up to around 1.9 -percent.



During today's trading, oil prices hovered around 108 U.S. dollars a barrel.

Responding to lawmakers' questions, Yang also said any spike between 95 and
115 dollars is likely temporary.

Asked if it could lead to interest rate hikes, Yang said tightening monetary
policy, including rate increases, remains an option if inflation expectations
take hold.

(JL)

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