Hong Kong Financial Secretary Paul Chan Mo-po meets the media after the US Federal Reserve raised its benchmark interest rate. Photo: Dickson Lee
Hong Kong Financial Secretary Paul Chan Mo-po meets the media after the US Federal Reserve raised its benchmark interest rate. Photo: Dickson Lee
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Latest interest rates rise shows need to get Covid balance right in Hong Kong

  • On the brink of recession, the last thing the city wanted was another increase by the US Federal Reserve. For the sake of business and investors, authorities must now make some bold decisions

Hong Kong Financial Secretary Paul Chan Mo-po meets the media after the US Federal Reserve raised its benchmark interest rate. Photo: Dickson Lee
Hong Kong Financial Secretary Paul Chan Mo-po meets the media after the US Federal Reserve raised its benchmark interest rate. Photo: Dickson Lee
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