Hong Kong Monetary Authority Responds to US Federal Reserve’s Interest Rate Decision

From Barchart: 2024-06-13 11:16:53

The Hong Kong Monetary Authority responds to the Federal Reserve’s decision to maintain the federal funds rate target range. Future interest rate decisions will depend on economic data and risks, possibly leading to a prolonged high interest rate environment. Hong Kong’s financial stability remains intact, with the HKMA monitoring the situation closely. Visit HKMA for more details.



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