Press "Enter" to skip to content

Hong Kong’s central bank cuts interest rate after Fed move

The Hong Kong Monetary Authority (HKMA) lowered its base rate charged through the overnight discount window by 25 basis points to 2% on Thursday, hours after the U.S. Federal Reserve delivered a cut of the same size.

Source:: Breaking News

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *