SINGAPORE -- Aggressive monetary tightening measures, coupled with potential recessions in the U.S. and Europe, are likely to weigh on economic growth in Asia this year, according to a new economic outlook released Thursday.
Think tank AMRO lifts overall inflation forecast for 13 economies to 6.2%
For China, which maintains a zero-tolerance approach to containing COVID-19, AMRO slashed its growth forecast to 3.8% from 4.8%. © Reuters
SINGAPORE -- Aggressive monetary tightening measures, coupled with potential recessions in the U.S. and Europe, are likely to weigh on economic growth in Asia this year, according to a new economic outlook released Thursday.