The Federal Reserve is expected to raise interest rates at its December meeting next week, reflecting its first rate tightening since December 2015. Photo: Reuters

Hong Kong braces for first interest rate hike in a year

Should the Federal Reserve raise interest rates next week, as expected, watch for local banks to outperform while property and exporters struggle

Topic |   Hong Kong Monetary Authority (HKMA)

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The Federal Reserve is expected to raise interest rates at its December meeting next week, reflecting its first rate tightening since December 2015. Photo: Reuters
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