Hong Kong cuts base rate by half point
Hong Kong cuts base rate by half point in lockstep with US Fed’s aggressive bid on economy
Hong Kong cut its base rate cut by half a percentage point for the first time in four years, kicking off a cycle that would help businesses and homeowners Hong Kong's de facto central bank cut its base interest rate for the first time in four years in lockstep with the US Federal Reserve,
UAE Central Bank cuts base rate to 4.90% following US Fed cecision
The Central Bank of the United Arab Emirates (CBUAE) has announced a reduction in its Base Rate by 50 basis points, effective from September 19. The rate, which applies to the Overnight Deposit Facility (ODF), has been lowered from 5.40 to 4.90 per cent.
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S. Federal Reserve.
From auto to banks to IT: Analysts pick top sectors after US Fed rate cut
Analysts say banks, auto, real estate, IT, pharma, and metal sectors look attractive after the US Federal Reserve's rate cut
Hong Kong Makes First Rate Cut Since 2020, Boosting Economy
Hong Kong’s beleaguered real estate market is set for some relief after the city cut its base interest rate for the first time in four years, mirroring the Federal Reserve’s policy easing.
Hong Kong interest rate cut gives small businesses ‘more room for survival’
Lower rates will not only reduce financing costs but revive investor confidence and spending sentiment, experts say.
Mortgage rates: When will UK interest rates fall again?
In May, the International Monetary Fund (IMF) recommended that UK interest rates should fall to 3.5% by the end of 2025. The ...
Alliant Energy rate increase approved, what does this mean for your bill?
Alliant energy and gas customers can expect another hit to their monthly budgets next month, at a time when many families are ...
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Bank of Japan Keeps Interest Rates Unchanged Unlike Fed & HK
The Bank of Japan has decided to keep its interest rate unchanged after US Fed cut rates by 50 bps, and Hong Kong slashed ...
‘Unsettling’ time for some households as base rate left on pause
Unsettling’ time for some households as base rate left on pause - Some homeowners will still face a jump in their repayments ...
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How did the August interest rate cut affect savings and mortgages?
Analysts at Moneyfacts have analysed the impact the last Bank of England interest rate cut had on personal finances. Here’s ...
US Fed announces large rate cut, but Wall Street wants more
The move was significant given that in July Powell said the Fed was not even considering a 50 basis point reduction.
What will a US interest rate cut mean for me?
It will influence mortgages, credit card and saving rates for millions of people in the US - and even around the world.
Spotlight on US housing market as prices climb to record high amid base rate cut
Home prices increased on an annual basis for the 14th consecutive month. The national median sales price rose 3.1% from a ...
UK interest rates live: Bank of England holds at 5% after shock US Fed cut
The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures ...