Hong Kong keeps base rate unchanged at 5.5 pct

HONG KONG, June 15 (Xinhua) -- The Hong Kong Monetary Authority announced on Thursday that it decided to keep the base rate unchanged at 5.5 percent.

The Federal Open Market Committee of the U.S. Federal Reserve announced earlier that it has decided to keep the target range for the federal funds rate unchanged at 5 percent to 5.25 percent.

This was the first time that the Federal Reserve paused interest r