Data: Hong Kong Monetary Authority Cuts Base Rate by 50 Basis Points to 5.25%
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September 19, 2024
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Hong Kong Monetary Authority Cuts Base Rate by 50 Basis Points to 5.25%
According to Mars Finance, the Hong Kong Monetary Authority (HKMA) has lowered its base rate by 50 basis points to 5.25%. This comes after the Federal Reserve announced a 50 basis point rate cut earlier today.
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