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Taiwan central bank says GDP may grow 6% this year By Reuters


© Reuters. FILEPHOTO: An officer of the Taiwanese Central Bank stands alongside it in Taipei (Taiwan), February 26, 2018. REUTERS/Tyrone Siu

TAIPEI (Reuters) – Taiwan Central Bank Governor Yang Chin-long said on Thursday that the economy may grow 6% this year though that depends on trade and domestic consumption growth.

Yang addressed parliament and stated that Taiwan’s benchmark inflation rate must be considered in order to consider the effect of tightening the monetary policies of advanced nations like the United States.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.