# HKMA raises base rate by a quarter point to 4.25%, first increase since 2023

https://mins.news/en/item/61784

- South China Morning Post, 2026-09-16 23:03 UTC
- Economy
- Original: https://www.scmp.com/business/banking-finance/article/3367783/hkma-raises-base-rate-quarter-point-425-first-increase-2023?utm_source=rss_feed

> 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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