Hong Kong Monetary Authority raises rates in step with Fed
The Hong Kong Monetary Authority raised its base rate for the overnight discount window by 25 basis points to 4.25% on Thursday, matching a rate increase by the U.S. Federal Reserve.
- Hong Kong Follows Fed With First Rate Hike in Over Three Years
The Hong Kong Monetary Authority followed the US Federal Reserve in raising interest rates for the first time since 2023. The move could threaten a property recovery that began last year.
HKMA raises base rate by a quarter point to 4.25%, first increase since 2023Hong 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.



















































