US Federal Reserve

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Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the…

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Macroscope | Why investors banking on ‘peak Trump’ are dangerously wrong

In the past month, Wall Street banks have come out with their midyear outlooks for the global economy and markets.…

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Hong Kong stocks fall on US trade threats and interest rate uncertainty

Hong Kong stocks fell on Thursday, following declines in the US, as investors grappled with new trade threats from Washington…

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Macroscope | World will need to borrow its way out of Trump’s tariff mess

While US President Donald Trump’s tariff wars might be laughably simplistic in their aim of balancing world trade, there is…

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HKMA keeps base rate steady in lockstep with Fed’s defiance of Trump’s push amid trade war

The HKMA maintained the base rate at 4.75 per cent on Thursday after the Fed left its target in a…

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Macroscope | Is the ‘Trump shock’ the end of dollar hegemony?

On April 30, Donald Trump reached the 100-day mark of his second term as US president. In foreign exchange markets,…

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Hong Kong stocks rise on Federal Reserve rate-cut hopes

Hong Kong stocks rose on Friday along with other major Asia-Pacific markets on optimism the US Federal Reserve could cut…

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China may face sustained capital outflow pressure, top economists warn

China may continue to face capital outflow pressures over the next two years – though on a smaller scale compared…

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Macroscope | The sun is setting on the US dollar, but what could replace it?

“How low can the dollar go?” queried the headline of a recent Financial Times article in which Barry Eichengreen, a…

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Macroscope | How Trump’s reckless policies could trigger a financial crisis

How much does politics matter to financial markets? Many investors believe political risk has a stronger bearing on sentiment towards…

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