(Bloomberg) -- Taiwan's bonds fell for a second day
on concern rising consumer prices will prompt the central bank
to increase interest rates to stem inflation.
Crown Plastic Enterprise Co. and Tah Hsin Industrial Co.,
makers of waterproof garments and shoes, will raise prices to
reflect higher commodities costs, the Commercial Times reported
today, without citing sources. Central bank policy makers raised
the benchmark rate by a quarter-percentage point to 3.125
percent in June, the 12th consecutive increase.
Read more at Bloomberg Bonds News
on concern rising consumer prices will prompt the central bank
to increase interest rates to stem inflation.
Crown Plastic Enterprise Co. and Tah Hsin Industrial Co.,
makers of waterproof garments and shoes, will raise prices to
reflect higher commodities costs, the Commercial Times reported
today, without citing sources. Central bank policy makers raised
the benchmark rate by a quarter-percentage point to 3.125
percent in June, the 12th consecutive increase.
Read more at Bloomberg Bonds News
No comments:
Post a Comment