• 11/10/2024

Hong Kong holds base rate at 5.75% as Fed keeps its watchful eye out for stubborn US inflation

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hong Kong kept its key interest rate unchanged for a sixth consecutive time in lockstep with the Federal Reserve’s overnight decision, with sticky US inflation forcing investors to delay rate cut bets.

https://www.scmp.com/business/banking-finance/article/3261107/hong-kong-holds-base-rate-575-fed-keeps-its-watchful-eye-out-stubborn-us-inflation?utm_source=rss_feed