Hong Kong holds base rate steady, after US Fed’s unanimous vote to ‘keep options open’ dashes optimism for an earlier cut

By Enoch Yiu

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the US Federal Reserve in its first rate decision this year, sparing the city’s businesses and homeowners from higher borrowing costs.

Source: Hong Kong holds base rate steady, after US Fed’s unanimous vote to ‘keep options open’ dashes optimism for an earlier cut