Hong Kong Monetary Authority: The Federal Reserve's continued interest rate cuts will not affect Hong Kong's financial and monetary stability
I'm PortAI, I can summarize articles.
The Hong Kong Monetary Authority stated that after the Federal Reserve cut interest rates by 25 basis points to 4.5-4.75%, it has lowered the base rate of the discount window to 5%. The Monetary Authority emphasized that this rate cut will not affect the financial and monetary stability of Hong Kong, with market liquidity remaining stable and the Hong Kong dollar exchange rate stable. Future rate cuts will depend on U.S. economic data, and the Monetary Authority will closely monitor market changes to ensure financial stability in Hong Kong
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments