21.04.201405:57:00UTC+00Taiwanese Central Bank may Resume Hiking Rates in June

Quotes from Standard Chartered:

-We see a rising possibility that the CBC may resume hiking its policy re-discount rate during the next quarterly Monetary Policy Committee (MPC) meeting scheduled for 25 June.

-Recent public comments from policy makers appear to have turned slightly more upbeat on the domestic growth outlook. Although central bank policy makers expect inflation to remain stable, they have also warned about potential upside risk. 
-Of greater interest are policy makers' comments that the CBC is closely monitoring domestic price trends and will seek to prevent local interest rates from slipping back into negative territory after being adjusted for inflation. 

-We think this is a subtle hint from policy makers that the CBC stands ready to shift away from the current ultra-accommodative monetary stance should data show increasing growth momentum and that inflation is creeping higher in 2014.