Private Sector Activity in Hong Kong SAR and the Fed : Transmission Effects through the Currency Board /

As the U.S. Fed begins to increase the Federal Funds rate, interest rates in Hong Kong SAR will rise in tandem under the Currency Board system. While domestic economic activity in Hong Kong SAR remained resilient in previous rate hike cycles, there is a concern that the impact of higher interest rat...

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Bibliographic Details
Main Author: Kang, Joong
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/035
Online Access:Full text available on IMF