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Hong Kong Monetary Authority Leaves Interest Rates Unchanged, Tracking Fed Move
Summary by Channel News Asia
6 Articles
6 Articles
Hong Kong Monetary Authority: The Hong Kong Dollar and Interbank Rates Face Considerable Uncertainty
[Cable News] The Hong Kong Monetary Authority (HKMA) followed the US Federal Reserve in maintaining the discount window base rate at 4.25%, but believes that there are many uncertainties regarding the Hong Kong dollar exchange rate and interbank rates.
Hong Kong holds base rate at 4.25% after US Federal Reserve decision
The Hong Kong Monetary Authority (HKMA) announced on Thursday that it would keep its base rate unchanged at 4.25 per cent, hours after the US Federal Reserve also decided to hold its benchmark rate steady. The city’s de facto central bank often mirrors steps taken by the US Fed as the Hong Kong’s…
Coverage Details
Total News Sources6
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
Factuality
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