The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged, following the lead of the US Federal Reserve, as the American central bank awaits data to assess the inflationary impact of Washington’s tariffs with the July 9 expiry of a truce.
On Thursday, the HKMA kept its base rate at 4.75 per cent, after the Fed left its target range at 4.25 to 4.5 per cent, following the fourth Federal Open Market Committee (FOMC) meeting of the year. The Fed has kept rates unchanged for four meetings…The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged, following the lead of the US Federal Reserve, as the American central bank awaits data to assess the inflationary impact of Washington’s tariffs with the July 9 expiry of a truce.
On Thursday, the HKMA kept its base rate at 4.75 per cent, after the Fed left its target range at 4.25 to 4.5 per cent, following the fourth Federal Open Market Committee (FOMC) meeting of the year. The Fed has kept rates unchanged for four meetings… Read More
Business – South China Morning Post





