Taiwan’s governor says uncertainties are hampering forecasting

Taiwan's central bank

Taiwan’s central bank is facing a range of challenges from global monetary tightening and increased economic uncertainty, its governor told a trade group on October 19.

Major unexpected events including the Covid-19 pandemic and the Russian-Ukraine war have led to structural changes in global supply and demand patterns and accelerated de-globalisation, said Yang Chin-long, governor of the Central Bank of the Republic of China.

These developments have made it more difficult for central banks to

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