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About ECON2123 Financial Markets
The Federal Reserve held off on raising interest rates after market turmoil. It announced it would keep interest rates near zero as officials assess the impact of tighter financial conditions and slower global growth on the domestic economy. Hong Kong homebuyers have been canceling deals and forfeiting deposits due to fears of a price slump sparked by rising US interest rates, which are also applying pressure to credit quality at Hong Kong banks.
Detailed Information
| Author: | ['Brenda Wijaya'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 7 |
| Language: | English |
| Format: | |
| Price: | FREE |
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