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Fed Chair Says Further Rate Tightening Needed for Inflation

9/7/2026

Summary

Story summary

Fed Chairman Kevin Warsh said the Federal Reserve (Fed) must keep tightening to control inflation, raising rate-rise expectations.
Analysts warned higher U.S. rates could affect global property markets, with some sectors expected to benefit.
JPMorgan Chase estimated mainland buyers accounted for 29% of Hong Kong home sales volume and 37% of value.
In Q2, mainland investors bought commercial property worth HK$1.23 billion, second to Singapore’s HK$3.37 billion.

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Story summary

Fed Chairman Kevin Warsh said the Federal Reserve (Fed) must keep tightening to control inflation, raising rate-rise expectations.
Analysts warned higher U.S. rates could affect global property markets, with some sectors expected to benefit.
JPMorgan Chase estimated mainland buyers accounted for 29% of Hong Kong home sales volume and 37% of value.
In Q2, mainland investors bought commercial property worth HK$1.23 billion, second to Singapore’s HK$3.37 billion.