The United States next month to raise interest rates is very high to be careful

Hong Kong Monetary Authority (HKMA) President Chen Delin said Thursday that the Federal Reserve (FED), if the market is expected to maintain its monetary policy unchanged, but the market is expected to raise interest rates in December meeting is very high probability, the HKMA once again remind you to carefully manage the risk The

The Fed kept interest rates unchanged on Wednesday, saying the US economy grew steadily and the job market grew, while the Fed played down the impact of the recent US hurricanes on the economy, suggesting that the Fed raised interest rates again in December.

Chen Delin said in a statement, the Fed has just started in October, the impact of market liquidity may gradually appear. In addition, the pace of the US rate hike, the progress of the US tax reform and other major central bank monetary policy, and so there are uncertainties.

"Global capital flows will be affected by these factors, the market may become volatile," he said.

US dollar against the yen on Thursday trading time in Asia from three and a half highs in the United States before the tax reform before the decline. The dollar was up about 0.5% overnight against the yen, approaching Friday's high since 114.407, benefiting from optimistic US data, and the Fed's policy meeting this week after its December rate hike is expected to heat up.