Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
HKMA Lowers Base Rate through Discount Window to 4%
Recommend 2 Positive 9 Negative 3 |
||||
|
||||
|
The Hong Kong Monetary Authority (HKMA) mirrored the U.S. rate cut, reducing the base rate through the discount window by a quarter of a percentage point to 4%, effective immediately. As expected, the Federal Reserve cut interest rates by a quarter of a percentage point, lowering the federal funds target rate to the range of 3.5-3.75% AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
