Wed, Dec 05, 2007 - Page 12 News List

GDP growth forecast to be 5.35%: CIER

STEADY EXPANSION The institute raised its forecast for this year by 0.8 percentage points on the back of rising exports and stock prices, but trimmed its estimates for 2008

By Joyce Huang  /  STAFF REPORTER

There's also room for the US Federal Reserves to cut interest rates by at least 0.5 percentage points in the near future, he said.

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