Federal Reserve

Hong Kong Banks Inflate Deposit Rates Ahead of Predicted Fed Hike

Hong Kong Banks Inflate Deposit Rates Ahead of Predicted Fed Hike

Several Hong Kong banks have pledged to raise deposit interest rates in line with expectations that the United States Federal Reserve will hike rates after a meeting next week.

Sep 21, 2018
Liao Shumin
Three-Month HIBOR Tops 2% for First Time Since 2008 Global Financial Crisis

Three-Month HIBOR Tops 2% for First Time Since 2008 Global Financial Crisis

The three-month Hong Kong Interbank Offered Rate, HIBOR, jumped to its highest point in 10 years today following the…

Jun 13, 2018
Liao Shumin
The Fed’s Constant Rate Hikes Pressure PBOC to Follow Suit, Chinese Economist Says

The Fed’s Constant Rate Hikes Pressure PBOC to Follow Suit, Chinese Economist Says

If the US Federal Reserve raises interest rates three times next year, the People’s Bank of China will feel pressured into hiking rates, a Chinese economist predicts.

Dec 14, 2017
Tang Shihua
Federal Reserve’s Balance Sheet Shrinking Will Have Similar Effect to Three Interest Rate Hikes, ICBC Economists Say

Federal Reserve’s Balance Sheet Shrinking Will Have Similar Effect to Three Interest Rate Hikes, ICBC Economists Say

The cumulative effect of the Federal Reserve’s planned passive balance sheet shrinking is approximately equal to three interest rate hikes,…

Sep 21, 2017
Liao Shumin
Yuan’s Parity Rate Against Dollar Hits Seven-Month High After Fed Hike

Yuan’s Parity Rate Against Dollar Hits Seven-Month High After Fed Hike

The yuan’s central parity rate, the rate at which it trades against the dollar, has hit a seven-month high despite the expected US Federal Reserve hikes taking place.

Jun 15, 2017
Yicai Global