EconomyHKMA raises base rate by a quarter point to 4.25%, first increase since 2023
Hong Kong’s de facto central bank raised its base rate by 25 basis points to 4.25% on Thursday, hours after the US Federal Reserve lifted its federal funds target range to 3.75%–4% to contain inflation amid conflict in the Middle East. It was Hong Kong’s first rate increase since 2023.
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South China Morning Post★★★☆☆2026-09-16 23:03Original
HKMA raises base rate by a quarter point to 4.25%, first increase since 2023
Economy