The Hong Kong Monetary Authority has lowered the benchmark interest rate by 25 basis points to 4.50%.
On September 18, the Hong Kong Monetary Authority lowered the base rate by 25 basis points to 4.50%, and the Federal Reserve cut interest rates by 25 basis points overnight.
On September 18th, the Hong Kong Monetary Authority lowered the benchmark interest rate by 25 basis points to 4.50%, following the 25 basis point rate cut by the US Federal Reserve the previous day.
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