• 11/11/2024

Hong Kong holds base rate steady, after US Fed’s unanimous vote to ‘keep options open’ dashed optimism for an earlier cut

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

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the US Federal Reserve in its first rate decision this year, sparing the city’s businesses and homeowners from higher borrowing costs.

https://www.scmp.com/business/banking-finance/article/3250498/hong-kong-holds-base-rate-steady-after-us-feds-unanimous-vote-keep-options-open-dashed-optimism?utm_source=rss_feed