STRESSEconomicGlobal
HKMA warns of interest rate uncertainties, weaker Hong Kong dollar Considerable uncertainty remains over interest rates, monetary authority says after following US Fed in keeping base rate unchanged.
Published:
News summary
The Hong Kong Monetary Authority (HKMA) warned of considerable uncertainty over the path of US interest rates as it kept its base rate unchanged at 4.25 per cent on Thursday, hours after the US Federal Reserve also held its benchmark rate steady.
- Importance
- Low · 24/100
- Impact direction
- Mixed