Li and Fung inflation warning

March 25, 2011 at 3:10 pm Leave a comment

Li and Fung, a big supplier to Walmart has said that it will raise prices of goods supplied from China due to rising costs such as raw material an labour.

Thus,Americans will have to live with higher prices, which would make FED think thrice about keeping QE policy intact.

Entry filed under: Watch your step. Tags: .

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