Hong Kong’s central bank cuts interest rate after Fed move
02 Mar Hong Kong’s central bank cuts interest rate after Fed move
Posted at 23:36h
in
News
by KMFSLLP
The Hong Kong Monetary
Authority (HKMA) lowered its base rate charged through the
overnight discount window by 50 basis points to 1.5% on
Wednesday, hours after the U.S. Federal Reserve delivered a rate
cut of the same margin.
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