Securities Times e company news, the Hong Kong Monetary Authority responded to the Fed’s interest rate hike, saying that the Fed’s decision to raise interest rates was in line with market expectations. However, there will continue to be considerable uncertainties in the trend of interest rates in the United States for some time to come. Despite the volatile external market conditions, Hong Kong’s financial and money markets continued to operate smoothly. The HKMA will closely monitor market changes and maintain monetary and financial stability. The HIBOR may remain at a relatively high level for some time to come. Therefore, the public must be prepared for fluctuations in bank lending rates, and carefully consider and manage interest rate risks when making home purchase, mortgage or other lending decisions.
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