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In November, Hong Kong's CPI year-on-year was 1.4%, lower than expected.
On December 20, Gelo Exchange reported that Hong Kong's comprehensive CPI in November was 1.4% year-on-year, expected to be 1.5%, and the previous value was 1.40%.
After the hawkish Federal Reserve, the market took a breather, and the dollar remains "hot."
After the Federal Reserve's "hawkish rate cut", investors in Asia hope the market stabilizes as they welcome the last week of Trade for the year on Friday (December 20).
Express News | The composite interest rate in Hong Kong at the end of November is 2.20%, a decrease of 10 basis points month-on-month.
Zhongyuan Mortgage: It is expected that the best lending rate in Hong Kong will complete its rate cut next year, reducing the mortgage interest rate to 3.25%.
The Federal Reserve, as expected by the market, reduced interest rates by 0.25% after the meeting, marking the third rate cut this year, with a cumulative reduction of 1% in the USA since September.
Hong Kong Central Bank Cuts Interest Rate Tracking Fed Move, Banks Follow
[Direct Hit on the Asian Market] Powell dropped a bombshell! The Bank of Japan remains unchanged, Trump issues a threat.
After the Federal Reserve lowered its interest rate expectations for next year, Asian stock markets generally fell on Thursday (December 19). The yen depreciated because the Bank of Japan decided to maintain borrowing costs unchanged.