Premier Chen Chien-jen said that it is possible to keep the economic growth rate at 2, and it is estimated that Taiwan's economic situation will recover in the next few months.

(Photographed by reporter Tian Yuhua)

[Reporter Wu Shuwei/Taipei Report] The National Development Council announced on the 27th that the comprehensive judgment score of the economic countermeasure signal in February was 10 points, which was 1 point lower than that of the previous month. Party legislator Zhang Qilu pointed out at the Legislative Yuan meeting today that non-governmental organizations have predicted that my country's economic growth rate of 2% this year will not be achieved.

In this regard, Premier Chen Chien-jen said that it is possible to keep the economic growth rate at 2, and it is estimated that Taiwan's economic situation will recover in the next few months.

The Legislative Yuan will continue to question Premier Chen Chien-jen's policy policy and policy report today.

Zhang Qilu questioned that now "stagflation" has appeared. In stagflation, prices rise first, and the economic growth rate slows down. Moreover, the current international financial turmoil, including problems with Silicon Valley Bank and Credit Suisse, and now Deutsche Bank There may be a question whether Taiwan needs to raise interest rates.

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Chen Jianren emphasized that my country's financial supervision system is in line with international standards, and the capital adequacy norms are in line with international standards, with financial resilience; the government takes precautions, deploys ahead of time, and monitors possible situations. The domestic financial supervision system is in line with international standards.

In addition, Zhang Qilu asked that the New Taiwan dollar is not a strong international currency and needs more reserves. Should my country's gold reserves be increased, and will the price of gold also increase?

Yang Jinlong, president of the central bank, said that basically the price of gold has been relatively high so far. The volatility of gold prices is quite large. The central bank has also done research. The price of gold varies from high to low, and the long-term rate of return is not certain. to buy gold."

Zhang Qilu said that the yield rate of U.S. debt is inverted, and the two-year bond is actually higher than the ten-year bond, and Taiwan will have the problem of "Dutch disease", which is concentrated in high-tech industries. After the detailed content of the U.S. chip law is released, it is not so good for TSMC. Friendly, when the overall economic climate reverses in the future, the bear market is confirmed, the yield rate is inverted, and the global economic climate is in trouble, will the government have sufficient resources to deal with it?

Yang Jinlong said that the inversion of the US yield rate is very special this year. Why is this year special? Because last year major countries raised interest rates sharply, and the final demand disappeared. The US and the latest S&P forecasting agency now believe that the US economic growth rate is not good this year. It's not good, or even negative. The growth rate in the euro zone is probably close to 0, and most institutions in Taiwan currently predict that it will be about 2%.

As for the issue of raising interest rates, Yang Jinlong said that the pace of raising interest rates in Taiwan is gradual and moderate, while the rate hikes in the United States are too fast and by a large margin, so problems in financial institutions are related to large and rapid rate hikes. "Why Taiwan's finances are very stable is because the central bank continues to raise interest rates gradually and moderately."

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