Hong Kong Maintains Base Rate at 4% After Fed Move
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The Hong Kong Monetary Authority (HKMA) held its base rate steady at 4.0% on January 29, 2026, mirroring the U.S. Federal Reserve’s decision hours earlier to maintain its target range at 3%–3.75%.Implemented via the overnight discount window, the move underscores Hong Kong’s close policy alignment with the U.S., a necessity given the city’s currency peg to the dollar.
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