---
title: "Multiple banks lower USD deposit interest rates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/270218409.md"
description: "Due to the Federal Reserve's interest rate cut, several banks, including Bank of Jiangsu and HSBC (China), have lowered their USD fixed deposit rates. The latest rate from Bank of Jiangsu has decreased by 0.05 percentage points compared to the previous period, with the 3-month, 6-month, and 1-year fixed deposit rates at 4.45%, 4.35%, and 4.25%, respectively"
datetime: "2025-12-18T22:46:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/270218409.md)
  - [en](https://longbridge.com/en/news/270218409.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/270218409.md)
---

# Multiple banks lower USD deposit interest rates

Recently, with the Federal Reserve's further interest rate cuts, several banks, including Bank of Jiangsu and HSBC Bank (China) Co., Ltd., have successively lowered the interest rates on their USD fixed deposit products. A wealth management manager from a branch of Bank of Jiangsu told reporters that the bank's USD deposit rates have been continuously reduced recently, with the latest rates down by 0.05 percentage points compared to the previous period. The previous rates for USD fixed deposits starting from $10,000 for 3 months, 6 months, and 1 year were 4.45%, 4.35%, and 4.25%, respectively

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