US monetary policy – Charm

Potential rate cut pause, geopolitical tensions may cloud Hong Kong property recovery

6 hours ago02 mins

Hongkonger Katie Chan was hoping to buy a flat to live in, and although the 37-year-old accountant was in no rush, the potential longer pause in interest rate cuts could delay her decision. For Chan, the ideal mortgage would be if the one-month Hong Kong interbank offered rate (Hibor) fell below 1.95 per cent, but…

Editorial | Erosion of US Fed independence a worry for Hong Kong

Cs news7 months ago03 mins

Central bank independence may sound like an academic subject. But for Hong Kong, thanks to the US dollar peg, the effect of the US Federal Reserve’s independence can be very real, especially if it is being eroded. Where the US dollar lands, there goes the Hong Kong dollar. Donald Trump’s repeated criticisms of Fed chairman…