PolyU Library
Journal Call no.HF5001.H64
Article TitleInterest rates : local impact.
Is Part OfHong Kong business ; v.16, no.179, May 1997, p.4.
AbstractAccording to a report by the Hang Seng Economic Monthly, the expected rise of the United States interest rates by a total of 0.75 percentage points for the whole of 1997 should have a cooling effect on the local overheated property market. However, the report also says that the overall impact of such moderate increases in interest rates on the Hong Kong economy would be limited.