{"id":136715,"date":"2025-09-17T23:00:43","date_gmt":"2025-09-17T23:00:43","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=136715"},"modified":"2025-09-17T23:00:43","modified_gmt":"2025-09-17T23:00:43","slug":"hong-kong-cuts-base-rate-for-first-time-this-year-matching-us-feds-move","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=136715","title":{"rendered":"Hong Kong cuts base rate for first time this year, matching US Fed\u2019s move"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostHong Kong\u2019s de facto central bank cut the city\u2019s base rate for the first time this year, bringing down the cost of funding to help reboot businesses and reduce the burden on mortgage borrowers.<br \/>\nThe Hong Kong Monetary Authority (HKMA) reduced the city\u2019s base rate by a quarter point to 4.5 per cent on Thursday, matching the US Federal Reserve\u2019s cut hours earlier to its target rate, which fell to the range of 4 per cent to 4.25 per cent during the sixth meeting of the Federal Open Market Committee&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3325925\/hong-kong-cuts-base-rate-first-time-2025-matching-feds-move-amid-weak-us-jobs?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostHong Kong\u2019s de facto central bank cut the city\u2019s base rate for the first time this year, bringing down the cost of funding to&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/136715"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136715"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/136715\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}