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The Zhitong Finance App learned that the Hong Kong Monetary Authority raised the benchmark interest rate by 25 basis points to 4.25% after the Federal Reserve raised interest rates by 0.25%, in line with the Federal Reserve's interest rate hike measures. Zheng Haiyan, head of the Hong Kong Valuation and Advisory Services Department and executive director of CBRE Weiss, believes that what the Hong Kong housing market is currently most concerned about is whether banks will simultaneously raise the best interest rate after the HKMA raised the benchmark interest rate by 25 basis points.
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The Zhitong Finance App learned that the Hong Kong Monetary Authority raised the benchmark interest rate by 25 basis points to 4.25% after the Federal Reserve raised interest rates by 0.25%, in line with the Federal Reserve's interest rate hike measures. Zheng Haiyan, head of the Hong Kong Valuation and Advisory Services Department and executive director of CBRE Weiss, believes that what the Hong Kong housing market is currently most concerned about is whether banks will simultaneously raise the best interest rate after the HKMA raised the benchmark interest rate by 25 basis points.
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