{"id":131339,"date":"2022-11-03T06:51:51","date_gmt":"2022-11-02T23:51:51","guid":{"rendered":"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\/"},"modified":"2022-11-03T07:00:01","modified_gmt":"2022-11-03T00:00:01","slug":"hong-kong-raises-base-rate-for-the-6th-time-in-8-months-in-lockstep-with-federal-reserves-policy-tightening","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong raises base rate for the 6th time in 8 months in lockstep with Federal Reserve\u2019s policy tightening"},"content":{"rendered":"<p>&#013;<br \/>\nThe 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.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3198212\/hong-kong-raises-base-rate-6th-time-8-months-lockstep-federal-reserves-policy-tightening?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong raises base rate for the 6th time in 8 months in lockstep with Federal Reserve\u2019s policy tightening<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The HKMA has been conducting its monetary policy in lockstep with the US Fed since&#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-131339","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-yan","jetpack-related-posts":[{"id":129881,"url":"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\/","url_meta":{"origin":131339,"position":0},"title":"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","date":"September 22, 2022","format":false,"excerpt":"\r Hong 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.\r \r Source : South China Morning Post\r Read more...Hong Kong raises base rate by 75 basis points\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/feds-rate-cut-to-fuel-property-investment-globally-but-hong-kong-faces-hurdles\/","url_meta":{"origin":131339,"position":1},"title":"Fed\u2019s rate cut to fuel property investment globally, but Hong Kong faces hurdles","date":"September 22, 2025","format":false,"excerpt":"\r The resumption of a policy easing cycle following the US Federal Reserve\u2019s quarter-point interest-rate reduction is likely to spur more investments into property globally, according to analysts. For mainland China and Hong Kong, however, the impact could be less significant owing to fundamental and geopolitical strains, they added. \u201cRarely\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148558,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-federal-reserves-rate-policy-affects-mortgages\/","url_meta":{"origin":131339,"position":2},"title":"How the Federal Reserve&#039;s rate policy affects mortgages","date":"December 21, 2024","format":false,"excerpt":"\r Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.\r \r Source : cnbc.com\r Read more...How the Federal Reserve's rate policy affects mortgages","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-should-you-care-about-interest-rates\/","url_meta":{"origin":131339,"position":3},"title":"Why should you care about interest rates","date":"June 15, 2017","format":false,"excerpt":"\r The Hong Kong Monetary Authority (HKMA) raised its base rate by 0.25 percentage points on Thursday following the US Federal Reserve\u2019s overnight move. In announcing the decision, HKMA chief executive Norman Chan Tak-lam reiterated his warning to Hong Kong home buyers that mortgage rates will rise in the near\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-federal-reserves-period-of-rate-hikes-may-be-over-heres-why-consumers-are-still-reeling\/","url_meta":{"origin":131339,"position":4},"title":"The Federal Reserve&#039;s period of rate hikes may be over. Here&#039;s why consumers are still reeling","date":"December 14, 2023","format":false,"excerpt":"\r The Federal Reserve's period of policy tightening may be over, but household budgets have taken a hit since March 2022.\r \r Source : cnbc.com\r Read more...The Federal Reserve's period of rate hikes may be over. Here's why consumers are still reeling","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":131339,"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\/131339"}],"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=131339"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131339\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}