The US Federal Reserve has maintained interest rates, and the Hong Kong HKMA has also maintained a basic interest rate of 5.75%unchanged.
According to the Hong Kong News Agency, the Hong Kong HKMA made the above announcement on Thursday (March 21).
The Hong Kong HKMA said that the accurate time and future interest rate trend of the Federal Reserve still have uncertainty, and the high -interest environment may be maintained for a period of time.Hong Kong's financial and currency markets have smooth operations, the exchange rate of the Hong Kong dollar has remained stable, and the Hong Kong dollar interest rates may still be at a high level in the future.
The Federal Reserve Agency announced on Wednesday (March 20) that the target range of the federal fund interest rate target is unchanged between 5.25%and 5.5%. It is expected that the Federal Reserve may implement three interest rate cuts within this year.This is the fifth consecutive time that the Federal Reserve has continued to maintain interest rates since September last year.
