The Zhitong Finance App learned that on July 30, the Hong Kong Monetary Authority responded to the Federal Reserve's interest rate decision. The Federal Open Market Committee of the US Federal Reserve (FED) announced early this morning Hong Kong time to maintain the federal funds rate target range of 3.50-3.75%. The Federal Reserve's decision to keep interest rates unchanged is in line with market expectations. A statement issued after the meeting said that the economy continues to grow and the job market remains stable, but inflation is still at a high level, reflecting the Committee's concerns about the inflation outlook.

The Zhitong Finance App learned that on July 30, the Hong Kong Monetary Authority responded to the Federal Reserve's interest rate decision. The Federal Open Market Committee of the US Federal Reserve (FED) announced early this morning Hong Kong time to maintain the federal funds rate target range of 3.50-3.75%. The Federal Reserve's decision to keep interest rates unchanged is in line with market expectations. A statement issued after the meeting said that the economy continues to grow and the job market remains stable, but inflation is still at a high level, reflecting the Committee's concerns about the inflation outlook.