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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...
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conversely. EVIEWS and MATLAB programs which accompany the paper allow quick, timely replication of CIMs as new data become …
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