HKMA warns of interest-rate uncertainty as Fed’s trajectory remains uncertain
Hong Kong’s monetary authority warned of interest-rate uncertainty amid ongoing tensions in the Middle East, after leaving its base rate unchanged on Thursday in tandem with the US Federal Reserve. The Hong Kong Monetary Authority (HKMA) said US interest-rate movements were affected by the Middle Ea
Image: SCMP Business
Hong Kong’s monetary authority warned of interest-rate uncertainty amid ongoing tensions in the Middle East, after leaving its base rate unchanged on Thursday in tandem with the US Federal Reserve.
The Hong Kong Monetary Authority (HKMA) said US interest-rate movements were affected by the Middle East tensions, which had led to higher oil prices and affected US inflation.
Analysts said the inflationary impact of the US-Israel war with Iran had reduced the chances of a rate cut this year.
“The...
原文
HKMA warns of interest-rate uncertainty as Fed’s trajectory remains uncertain
发布者 SCMP Business