News: 2024.03.21
The US Federal Reserve kept interest rates unchanged, and the Hong Kong Monetary Authority also kept the discount window base interest rate unchanged at 5.75%.
The Hong Kong Monetary Authority announced that it will maintain the discount window base interest rate unchanged, which means that Hong Kong's financial market will continue to remain stable. This decision reflects the HKMA's confidence in the current economic environment and signals that they believe the current level of interest rates is appropriate.
This decision of the Hong Kong Monetary Authority will have a positive impact on Hong Kong's economy. Stable interest rates will help promote investment and consumption and help maintain inflation levels. This will help support Hong Kong's economic growth and ensure the stability of the financial system.
The HKMA’s decision also reflects the uncertainty of the global economic situation. The U.S. Federal Reserve kept interest rates unchanged, indicating that they are also paying attention to changes in the global economy. This shows that financial institutions have a certain degree of concern about the prospects of the global economy.
The HKMA will continue to pay close attention to changes in the economic situation and adjust policies at any time to cope with uncertainties. They will continue to take necessary measures to ensure the stability of Hong Kong's financial system and support economic growth. This will help maintain Hong Kong's status as an international financial centre.