The Federal Reserve has suspended interest rate hike again. The Hong Kong HKMA reminds the public that high -interest environment may continue to pay attention to interest rate risks.
According to the report, the Hong Kong HKMA responded to the Federal Reserve's interest decision on Thursday (November 2) that the Federal Reserve's future discussion decision will depend on the latest economic data and continue to raise interest rates in the past year.The impact of economic activities, whether the end of the interest rate hike cycle is still yet to be determined, and the high -interest environment may be maintained for a period of time.
The Hong Kong and Financial Administration said that the operation of the financial and currency market in Hong Kong continued to maintain smoothness, the exchange rate of the Hong Kong dollar remained stable, and the Hong Kong dollar interest rates may still be at a high level in the future.When citizens make a decision to buy a home, mortgage or other borrowing, they should carefully consider and manage the risk of interest rates.The HKMA will continue to closely monitor market changes and maintain the stability of currency and financial.
The Federal Reserve announced on Wednesday (November 1) that the federal fund interest rate target range was between 5.25%and 5.5%.
