Brief: Cathay Says Cuts Taiwan GDP Target, Sees One More Rate Hike by C.bank
29/03/2023 09:34
March 29 (Reuters) - Cathay Financial Holding Co Ltd
2882.TW said on Wednesday:
* CUTS ITS TAIWAN GDP FORECAST FOR 2023 TO +1.8% VERSUS
+2.3%
PREVIOUSLY
* SEES ONE MORE RATE HIKE BY TAIWAN'S CENTRAL BANK THIS YEAR
Further company coverage: 2882.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
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