KM Financial Solutions | Hong Kong’s central bank cuts interest rate after Fed move
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Hong Kong’s central bank cuts interest rate after Fed move

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 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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