Hong Kong Monetary Authority Again Mimes Fed

June 24, 2010

Hong Kong’s key interest rate has been left at 0.5%.  Monetary authorities in the former British colony move in lock-step with what the FOMC does.  For background on the policy of the HKMA, please read this April 29th article from Currency Thoughts.

Copyright Larry Greenberg 2010.  All rights reserved.  No secondary distribution without express permission.

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