HKMA, PBoC react to QE2


The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBoC) have stepped up efforts to curb the surge in capital inflows to their respective economies in response to the Federal Reserve's $600 billion quantitative easing programme.

On Friday, the HKMA released details on a number of prudential measures for bank mortgage lending in a bid to reduce the risk of asset bubbles forming in the territory's property sector as a result of Fed's stimulus programme, dubbed QE2.


To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: