Fed and Hong Kong Monetary Authority reportedly raise interest rates
A September 18 post says Hong Kong's monetary authority lifted its base rate to 4.25% after a Fed hike, while major local banks had not yet raised prime lending rates.
TLDR
A September 18 post says the Federal Reserve announced a 0.25% interest rate hike in September 2026, followed by the Hong Kong Monetary Authority raising its base rate to 4.25%. The same account says major local banks had not yet followed suit by raising their prime lending rates.
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