The central bank today (17) exceeded market expectations and followed the footsteps of the US Federal Reserve to raise interest rates by one yard ahead of schedule, ending the 7-day interest rate freeze. More than 10 years of rate hikes.In addition to the anti-inflation set by the central bank, it is also expected to bring “foreign funds back to the stock market, ease ofNew Taiwan DollarThe benefits of depreciation and rising mortgage interest are indirect real estate speculation.” The calculation behind this can be said to be very precise.
The central bank’s rate hike can be said to have fallen below the glasses of many experts and scholars. Most outsiders believe that Taiwan’s central bank will raise interest rates slower than the United States. The estimated time point generally falls in June, but Peng Jinlong said today that considering the face of imported inflation Stress, labor market recovery, and US and UK interest rate hikesEURThe district will end the three major factors of bond purchases, and all the central bank directors and supervisors unanimously decided to raise interest rates by 1 yard.
In the past two years, due to factors such as the epidemic, Hong Kong, lack of cabinets, and the Russian-Ukrainian war, inflation monsters have been rampant. In Taiwan, Taiwan’s consumer price index (CPI) has been above the 2% inflation warning line for seven consecutive months. , and will continue until the third quarter of this year, the annual growth rate of core CPI has also increased, “anti-inflation” can be said to be the first major reason for raising interest rates.
However, in addition to fighting once morest the inflationary pressure of rising prices, foreign capital has frequently used Taiwan stocks as cash machines since this year. Although they bought 44.8 billion yuan backhand today, if one observes that since the beginning of this year, foreign capital has sold over 477 billion yuan in Taiwan stocks. , in less than a quarter, the rate of exit from Taiwan stocks exceeded 454.1 billion yuan in the whole of last year; but the central bank raised interest rates ahead of schedule today, which can narrow the interest rate gap with the United States, which will help foreign capital return.
The return of foreign capital can also be alleviatedNew Taiwan Dollardowngrade,New Taiwan DollarIt closed at 28.456 yuan once morest the U.S. dollar today, with an appreciation of 1.69 points. Not only did it end the four-day depreciation, but it also increased by 0.59% in a single day, hitting a new high in more than two years. The central bank raised interest rates by one yard in the evening.New Taiwan Dollarcontinue to degrade,New Taiwan DollarIt is expected to fluctuate in a range of 28.1-28.7 once morest the US dollar.
Although the Board of Supervisors of the Central Bank did not take any credit control measures to speculate on real estate today, the increase in interest rates will increase the interest rate of bank loans, which will also increase the pressure on housing loans. 7.63 million yuan, raising the interest rate by 1 yard will increase the one-year interest burden by 19,075 yuan, which will indirectly increase the pressure on real estate speculators.
The successive interest rate hikes in Taiwan and the United States mean that the era of cheap funds for more than 10 years has come to an end. It can also be seen that the central bank’s attitude has changed from saving the economy to fighting inflation. Although funds are kept from flowing out, domestic enterprises will increase interest expenses due to this. It will also be an issue to be faced in the post-interest rate-raising era.
