“Hong Kong Monetary Authority Hikes Rates by 25 Bps: Economy in Upward Swing!”
The Hong Kong Monetary Authority (HKMA) has increased its base rate charged via the overnight discount window by 25 basis points to 5.25%. This came within hours after the US Federal Reserve increased its interest rates by the same amount. Hong Kong’s monetary policy moves are closely aligned with the US as the city’s currency […]