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Hong Kong Monetary Authority

BRIEF: Hong Kong stocks rise after U.S., local rate cuts

The U.S. Federal Reserve announced a widely expected half-point interest rate cut on Wednesday, lowering the federal funds rate target range from 5.25% to 5.5% before the move to a…
September 19, 2024

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September 19, 2024

BRIEF: Hong Kong stocks rise after U.S., local rate cuts

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