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DBS lowers Taiwan's GDP growth forecast to 3.4% for 2022

07/23/2022 03:02 PM
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Joining a growing list of institutions cutting their forecasts of Taiwan's economy growth, Singapore-based DBS Bank has cut its estimate of the country's gross domestic product (GDP) rise to 3.4 percent for 2022, citing the impact of rising inflation and monetary policy tightening by the U.S. Federal Reserve.


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