TechFlame reports that the Hong Kong Monetary Authority responded to the Federal Reserve's interest rate decision, and the Fed's decision to keep interest rates unchanged was in line with market expectations. Currently, interest spreads between Hong Kong and the US are still attractive for arbitrage transactions, so the Hong Kong exchange rate continues to be close to the 7.85 level. At the same time, the Hong Kong dollar capital requirements related to stocks have been very high recently, providing some support for Hong Kong foreign exchange. The “underdog exchange guarantee” may be triggered again in the future depending on changes in the supply and demand of Hong Kong dollars, as well as other uncertainties including the Federal Reserve's monetary policy and US interest rate trends, the stock investment market climate, peripheral financial markets, and global capital flows. At that time, the HKMA will buy Hong Kong dollars and sell US dollars in accordance with the joint exchange system. The aggregate balance of the banking system will decrease accordingly, while the Hong Kong dollar interest rate will gradually rise. There is great uncertainty about the extent and pace of interest rate cuts in the US in the future, and the current interest rate environment in Hong Kong may also change due to the above variables. The public should fully consider the possibility that the Hong Kong dollar interest rate will rise and manage related risks when making home purchase, investment or loan decisions. The Hong Kong Monetary Authority will continue to closely monitor market changes and maintain monetary and financial stability. (Gold 10)