Property News · March 23, 2023

Hong Kong raises base rate by quarter point amid Fed’s belief that it can quell inflation without deepening a US banking crisis


A rising rate cycle underscored the imperatives of fighting inflation, and the confidence that the move would not deepen the banking crisis that is developing among midsize lenders.

Source : South China Morning Post
Read more…Hong Kong raises base rate by quarter point amid Fed’s belief that it can quell inflation without deepening a US banking crisis