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HKMA raises base rate by a quarter point to 4.25%, the first increase since 2023
The Hong Kong Monetary Authority (HKMA) increased the city’s base rate by a quarter of a percentage point to 4.25% on Thursday. This marks the first rate hike since 2023, following the US Federal Reserve's decision to raise its federal funds target range to 3.75% to 4%.
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Source：SCMP商业 · Source Link
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