Hong Kong's base interest rate drops to 5% after Fed's quarter …
Nov 8, 2024 · Hong Kong's de facto central bank has cut its base interest rate for the second time this year, lowering the cost of funding to help reboot businesses and reduce the burden on mortgage...
Why Hong Kong can’t afford to keep its currency pegged to the ... - CNN
Jun 13, 2023 · Aggressive rate hikes by the US Federal Reserve have encouraged traders to engage in a so-called “carry trade,” borrowing Hong Kong dollars and using them to buy assets in US dollars that earn...
Hong Kong central bank cuts interest rate after Fed move, banks …
Nov 7, 2024 · The Hong Kong Monetary Authority (HKMA) on Friday cut by 25 basis points its base rate charged via the overnight discount window, to 5.0%, tracking a move by the U.S. Federal Reserve.
Hong Kong Monetary Authority - Remarks after the US Fed …
Sep 19, 2024 · The Federal Open Market Committee of the Federal Reserve (the Fed) just announced its decision to cut the federal funds rate by 50 basis points, to 4.75-5%. The HKMA has reduced the Base Rate to 5.25% according to the …
Hong Kong central bank cuts interest rate tracking Fed move, …
Dec 18, 2024 · The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve.
Hong Kong Monetary Authority - The HKMA’s Response to the …
May 2, 2024 · The Federal Open Market Committee of the Federal Reserve (the Fed) announced early today (Hong Kong time) after its two-day meeting that it had decided to keep the target range for the federal funds rate unchanged at 5.25-5.5%.
Hong Kong central bank keeps key rate unchanged, tracks Fed …
May 2, 2024 · The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a decision by the U.S. Federal Reserve to keep...
Hong Kong Holds Interest Rates Following Fed Decision
May 2, 2024 · The Hong Kong Monetary Authority followed the Federal Reserve in holding its base rate as US officials signaled fresh concerns about inflation. The HKMA left rates unchanged at 5.75% Thursday.
Hong Kong holds base rate at 5.75% while US Fed assures market …
May 2, 2024 · Hong Kong kept its key interest rate unchanged for a sixth consecutive time in lockstep with the Federal Reserve’s overnight decision, with sticky US inflation forcing investors to delay...
Hong Kong Monetary Authority - HKMA’s Response to US Fed’s …
Nov 8, 2024 · The Federal Open Market Committee of the Federal Reserve (the Fed) just announced its decision to cut the target range for the federal funds rate by 25 basis points, to 4.5-4.75%. The HKMA has reduced the Base Rate to 5% according to the established mechanism with immediate effect.