Federal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: ReutersFederal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: Reuters
Federal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: Reuters

Federal Reserve unlikely to raise interest rates in June, leaving Hong Kong’s real estate market in a state of uncertainty

Disappointing US May jobs data and British referendum to stay or leave the European Union are cited by economists as reasons why the Fed is not in a hurry to boost rates

Topic |   Weekend Property
Federal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: ReutersFederal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: Reuters
Federal Reserve chair Janet Yellen appears to be optimistic about the US economy, but will most likely be reluctant to raise the benchmark interest rate in June. Photo: Reuters
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