Hong Kong follows Fed on rate increase.
M2 EQUITYBITES-July 28, 2022--Hong Kong follows Fed on rate increase
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Global Banking News - 28 July 2022
Hong Kong has raised its interest rate after the US Fed made a similar move.
The Hong Kong Monetary Authority increased its base rate by 75 basis points to 2.75 percent. A day ago, the US central bank had made a similar move.
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