News Snapshot:
THREE FACTORS: The central bank would consider the effectiveness of loans given to SMEs, the inflation rate and key rates in other countries before hiking rates in Taiwan By William Hetherington / Staff writer, with CNA The central bank would wait for an opportune time to increase interest rates, which would depend on three factors, central bank Governor Yang Chin-long (楊金龍) said yesterday. The bank would look at inflation, the effectiveness of loans for small and medium-sized enterprises (SMEs) and interest rates in other countries before raising rates, Yang said during a speech at an event in Taipei celebrating the...