The Hong Kong Monetary Authority continues to maintain the basic interest rate at 4.75% unchanged.
According to the Wise Financial News App, after the Federal Reserve in the United States kept interest rates unchanged, the Hong Kong Monetary Authority also kept its benchmark interest rate unchanged at 4.75%. The Federal Reserve announced its interest rate decision this morning, as expected by the market, keeping the federal funds rate unchanged at 4.25 to 4.5%, and receiving unanimous approval from all FOMC members.
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