AI Frenzy Gives Taiwan Central Bank Room to Battle Inflation
- Policymakers in Taipei poised to leave key rate unchanged
- Global tech demand boosts economy, sends stocks to record
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The insatiable global appetite for artificial-intelligence technology looks set to make Taiwan’s central bankers’ jobs easier.
Global demand for the hardware that underpins AI has sparked an economic recovery in Taiwan — a hub for the chips that drive the technology — and pushed the stock market to record highs. That’s giving policymakers in Taipei room to focus on taming stubbornly high inflation.