Hong Kong Monetary Authority responds to the Federal Reserve's interest rate decision: Hong Kong currency and financial markets continue to operate in an orderly manner.

The Federal Reserve announced that it will maintain the target range for the federal funds rate at 3.50-3.75%, in line with market expectations. In Hong Kong, the currency and financial markets continue to operate orderly. The Hong Kong Monetary Authority will continue to closely monitor market changes and maintain monetary and financial stability. The Hong Kong Interbank Offered Rate (HIBOR) generally tends to follow the US interest rates under the Linked Exchange Rate System, while shorter-term HIBOR rates are also influenced by local market factors such as seasonal factors and capital market activities. There is a widespread belief in the market that there is significant uncertainty regarding the future monetary policy direction of the United States, which will depend on inflation trends and the employment market situation. The future interest rate direction in the United States remains uncertain, which will also have an impact on Hong Kong's interest rate environment. When making decisions on property purchases, investments, or borrowing, individuals should carefully consider and manage interest rate risks.