EconomyHong Kong property market braces for rising Fed rate expectations after Warsh comments
Expectations that the US Federal Reserve will raise its target interest rate by a quarter percentage point this month have grown after Fed chairman Kevin Warsh spoke last week. CME’s FedWatch tool showed the implied probability had doubled, with markets pricing in a 60% chance, prompting Hong Kong’s property market to prepare for the possible impact.
Hong Kong property market braces for rising Fed rate expectations after Warsh comments
Economy