Global interest rate hikes should curb consumption. Scholars warn the economy may display in blue light in the first half of the year.
bryant@tpca.org.tw2023-03-22T15:43:17+08:00Global interest rate hikes should curb consumption. Scholars warn the economy may display in blue light in the first half of the year. News briefing The monitoring indicators of the National Development Council (NDC) have shown a blue light since November and December last year, while global inflation and interest rate hikes in various countries are still on a rising trend. Even more, the European Central Bank will hike the interest rate to an even greater magnitude, which will suppress the demands in Europe and the United States. As such, the situation this year will worsen, and it is believed [...]