{"id":126297,"date":"2022-05-05T06:25:26","date_gmt":"2022-05-04T23:25:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-base-rate-rises-by-50-points-as-the-cost-of-money-makes-its-biggest-one-time-jump-in-more-than-two-decades-after-us-feds-decision\/"},"modified":"2022-05-05T07:04:16","modified_gmt":"2022-05-05T00:04:16","slug":"hong-kongs-base-rate-rises-by-50-points-as-the-cost-of-money-makes-its-biggest-one-time-jump-in-more-than-two-decades-after-us-feds-decision","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-base-rate-rises-by-50-points-as-the-cost-of-money-makes-its-biggest-one-time-jump-in-more-than-two-decades-after-us-feds-decision\/","title":{"rendered":"Hong Kong\u2019s base rate rises by 50 points, as the cost of money makes its biggest one-time jump in more than two decades after US Fed\u2019s decision"},"content":{"rendered":"<p>&#013;<br \/>\nThe US economy had not seen a 50-point rate increase since Alan Greenspan was Fed chairman, and \u201cirrational exuberance\u201d was the catchphrase that defined the easy money and mood of the Dotcom era.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3176553\/hong-kongs-base-rate-rises-50-points-cost-money-makes-its?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong\u2019s base rate rises by 50 points, as the cost of money makes its biggest one-time jump in more than two decades after US Fed\u2019s decision<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The US economy had not seen a 50-point rate increase since Alan Greenspan was Fed&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126297","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wR3","jetpack-related-posts":[{"id":139251,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hkma-takes-a-second-break-from-raising-its-base-rate-after-us-feds-hawkish-skip-giving-hong-kongs-businesses-and-borrowers-a-breather\/","url_meta":{"origin":126297,"position":0},"title":"HKMA takes a second break from raising its base rate after US Fed\u2019s \u2018hawkish skip,\u2019 giving Hong Kong\u2019s businesses and borrowers a breather","date":"September 21, 2023","format":false,"excerpt":"\r Hong Kong kept the city\u2019s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world\u2019s economy.\r \r Source : South China Morning Post\r Read more...HKMA takes a second break from raising\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/","url_meta":{"origin":126297,"position":1},"title":"HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise","date":"March 27, 2018","format":false,"excerpt":"\r HSBC, Hong Kong\u2019s biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a week after the US Federal Reserve raised its key interest rate by 25 basis points. The move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-first-half-profit-rises-29-per-cent-propelled-by-surging-home-sales-in-hong-kongs-property-bull-market\/","url_meta":{"origin":126297,"position":2},"title":"New World\u2019s first-half profit rises 29 per cent, propelled by surging home sales in Hong Kong\u2019s property bull market","date":"February 27, 2019","format":false,"excerpt":"\r New World Development, Hong Kong\u2019s fourth-largest developer by value, posted the biggest jump in interim earnings in two years, propelled by rising home sales in the first half of its financial year, as it cleared unsold property off its books before a proposed vacancy tax takes effect.The developer\u2019s core\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56316,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rate-rise-viewed-as-a-one-off-by-the-market\/","url_meta":{"origin":126297,"position":3},"title":"Mortgage rate rise viewed as a one-off by the market","date":"May 30, 2017","format":false,"excerpt":"\r The decision by many of Hong Kong\u2019s largest banks to raise the interest rates they charge on mortgages last weekend is not expected to spark a trend towards further rate rises, market watchers have told South China Morning Post. \u201cThe rises were a response to regulatory tightening measures by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-of-homes-near-hong-kongs-mtr-stations-normally-resilient-are-falling-as-property-slump-deepens\/","url_meta":{"origin":126297,"position":4},"title":"Prices of homes near Hong Kong\u2019s MTR stations, normally resilient, are falling as property slump deepens","date":"August 11, 2022","format":false,"excerpt":"\r The secondary housing market is sinking further into the gloom as interest rate rises, competition from cheap new developments and a wave of emigration take a toll on demand, according to analysts.\r \r Source : South China Morning Post\r Read more...Prices of homes near Hong Kong\u2019s MTR stations, normally\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135601,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-raises-base-rate-by-quarter-point-amid-feds-belief-that-it-can-quell-inflation-without-deepening-a-us-banking-crisis\/","url_meta":{"origin":126297,"position":5},"title":"Hong Kong raises base rate by quarter point amid Fed\u2019s belief that it can quell inflation without deepening a US banking crisis","date":"March 23, 2023","format":false,"excerpt":"\r A rising rate cycle underscored the imperatives of fighting inflation, and the confidence that the move would not deepen the banking crisis that is developing among midsize lenders.\r \r Source : South China Morning Post\r Read more...Hong Kong raises base rate by quarter point amid Fed\u2019s belief that it\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126297"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=126297"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126297\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}