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  2. Hong Kong raises base rate to 2.75 per cent in lockstep with ...

    www.aol.com/news/hong-kong-raises-rate-2...

    Hong Kong's base rate will rise to 2.75 per cent effective immediately, according to a statement by the Hong Kong Monetary Authority (HKMA), the city's de facto central bank. That's the highest ...

  3. iBond - Wikipedia

    en.wikipedia.org/wiki/Ibond

    The rate for each interest payment will be determined by the year-on-year inflation rate of Hong Kong, which according to the Hong Kong Composite Consumer Price Index, with the lower limit of 1% return. The first iBonds were listed on Hong Kong Stock Exchange to listing on 29 July 2011. The offered issue amount is HK$10,000,000,000.

  4. Economy of Hong Kong - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Hong_Kong

    In 2009, Hong Kong's real economic growth fell by 2.8% as a result of the Great Recession. [33] By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York City and Rotterdam in terms of container throughput. Hong Kong is a full Member of the World Trade Organization. [34]

  5. IMF warns of ongoing inflation risk to global economy - AOL

    www.aol.com/finance/imf-warns-ongoing-inflation...

    The International Monetary Fund said Tuesday upgraded its growth expectations for the global economy in 2024, but warned of potential turbulence ahead. IMF warns of ongoing inflation risk to ...

  6. 2024 in Hong Kong - Wikipedia

    en.wikipedia.org/wiki/2024_in_Hong_Kong

    6 June: British judges Jonathan Sumption and Lawrence Collins resign from the Court of Final Appeal, with Collins attributing his departure to the “political situation in Hong Kong”. [14] 18 June: Chief Executive John Lee announces that the Hong Kong Stock Exchange would end its practice of shutting trading during typhoons and other extreme ...

  7. Wall Street's 2024 inflation surprise is coming into focus - AOL

    www.aol.com/finance/wall-streets-2024-inflation...

    The Federal Reserve's latest inflation forecast published in September said core PCE — the central bank's preferred inflation reading — will likely finish next year at 2.6%, down from 3.7% at ...

  8. What will the economy be like in 2024? Here are 10 ... - AOL

    www.aol.com/economy-2024-10-predictions-vantage...

    But the changes they generated – societally in 1968 in the US and functionally around the globe in 2020 — weren’t as complete and as multidimensional as what I expect for 2024.

  9. Inflation: Consumer prices in May rose at slowest annual rate ...

    www.aol.com/finance/cpi-preview-inflation...

    The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 4% over the prior year in May, a slowdown from April's 0.4% month-over-month increase and 4.9% annual gain.