{"id":129881,"date":"2022-09-22T06:02:11","date_gmt":"2022-09-21T23:02:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-raises-base-rate-by-75-basis-points-to-14-year-high-as-fed-signals-more-pain-and-pledges-to-keep-at-it-to-contain-inflation\/"},"modified":"2022-09-22T08:38:42","modified_gmt":"2022-09-22T01:38:42","slug":"hong-kong-raises-base-rate-by-75-basis-points-to-14-year-high-as-fed-signals-more-pain-and-pledges-to-keep-at-it-to-contain-inflation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-raises-base-rate-by-75-basis-points-to-14-year-high-as-fed-signals-more-pain-and-pledges-to-keep-at-it-to-contain-inflation\/","title":{"rendered":"Hong Kong raises base rate by 75 basis points to 14-year high as Fed signals more pain and pledges to \u2018keep at it\u2019 to contain inflation"},"content":{"rendered":"


\nHong Kong\u2019s rate increase, conducted in concert with US monetary policy to preserve the city\u2019s currency peg to the US dollar since 1983, came at an inopportune moment for the local economy.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong raises base rate by 75 basis points to 14-year high as Fed signals more pain and pledges to \u2018keep at it\u2019 to contain inflation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s rate increase, conducted in concert with US monetary policy to preserve the city\u2019s...<\/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-129881","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-xMR","jetpack-related-posts":[{"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":129881,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-raises-base-rate-for-the-6th-time-in-8-months-in-lockstep-with-federal-reserves-policy-tightening\/","url_meta":{"origin":129881,"position":1},"title":"Hong Kong raises base rate for the 6th time in 8 months in lockstep with Federal Reserve\u2019s policy tightening","date":"November 3, 2022","format":false,"excerpt":"\r The HKMA has been conducting its monetary policy in lockstep with the US Fed since 1983 to maintain the currency peg to the US dollar under the city\u2019s linked exchange rate system.\r \r Source : South China Morning Post\r Read more...Hong Kong raises base rate for the 6th time\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98631,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-raises-hong-kong-prime-rate-for-the-first-time-in-a-decade-ending-era-of-cheap-funds\/","url_meta":{"origin":129881,"position":2},"title":"HSBC raises Hong Kong prime rate for the first time in a decade, ending era of cheap funds","date":"September 27, 2018","format":false,"excerpt":"\r HSBC has become the first commercial bank to raise its prime rate in Hong Kong, taking its cue from the US Federal Reserve and the Hong Kong Monetary Authority in ending a decade of cheap capital. The base lending rate for borrowers will be raised by 12.5 basis points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-chartered-raises-mortgage-rate-citing-hkma-rule-changes\/","url_meta":{"origin":129881,"position":3},"title":"Standard Chartered raises mortgage rate, citing HKMA rule changes","date":"May 26, 2017","format":false,"excerpt":"\r Standard Chartered Bank has raised its residential mortgage rate in Hong Kong, and other banks are expected to follow suit. Standard Chartered cited the increased cost of doing business following the Hong Kong Monetary Authority\u2019s latest risk management measures as the reason. The bank will increase the interest rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-keeps-base-rate-steady-at-4-75-as-monetary-policy-takes-a-breather-after-3-cuts\/","url_meta":{"origin":129881,"position":4},"title":"Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts","date":"January 30, 2025","format":false,"excerpt":"\r HSBC and other major banks will only announce their interest-rate decisions on Monday, the first working day of the Lunar New Year.\r \r Source : South China Morning Post\r Read more...Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-stocks-fall-following-fed-rate-rise\/","url_meta":{"origin":129881,"position":5},"title":"Hong Kong Property stocks fall following Fed rate rise","date":"June 15, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Hong Kong Property stocks fall following Fed rate rise","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129881"}],"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=129881"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129881\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}