{"id":139251,"date":"2023-09-21T06:02:24","date_gmt":"2023-09-20T23:02:24","guid":{"rendered":"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\/"},"modified":"2023-09-21T06:18:59","modified_gmt":"2023-09-20T23:18:59","slug":"hkma-takes-a-second-break-from-raising-its-base-rate-after-us-feds-hawkish-skip-giving-hong-kongs-businesses-and-borrowers-a-breather","status":"publish","type":"post","link":"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\/","title":{"rendered":"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"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3235251\/hkma-takes-second-break-raising-its-base-rate-after-us-feds-hawkish-skip-giving-hong-kongs?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">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<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong kept the city\u2019s base rate unchanged on Thursday after the US Federal Reserve&#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-139251","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-AdZ","jetpack-related-posts":[{"id":125803,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fed-and-hkma-rate-increases-likely-to-have-muted-impact-on-hong-kongs-commercial-property-market\/","url_meta":{"origin":139251,"position":0},"title":"Fed and HKMA rate increases likely to have muted impact on Hong Kong\u2019s commercial property market","date":"April 12, 2022","format":false,"excerpt":"\r Should property investors be worried about the pace and frequency of rate increase in the US? The link between local interest rates and asset valuation is not well-established.\r \r Source : South China Morning Post\r Read more...Fed and HKMA rate increases likely to have muted impact on Hong Kong\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-what-hong-kongs-interest-rate-increase-means-for-hibor-prime-and-mortgages\/","url_meta":{"origin":139251,"position":1},"title":"Explainer: What Hong Kong\u2019s interest rate increase means for Hibor, prime and mortgages","date":"December 14, 2017","format":false,"excerpt":"\r Hong Kong Monetary Authority (HKMA), the city\u2019s de facto central bank, today raised its base lending rate for the third time this year following a similar move by the US Federal Reserve, increasing it by 25 basis points to 1.75 per cent. What is the base lending rate? It\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spicy-policies-helped-fortify-hong-kongs-market-save-homeowners-from-negative-equity-trap-defaults-ex-hkma-ceo-chan-says\/","url_meta":{"origin":139251,"position":2},"title":"\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan says","date":"June 20, 2022","format":false,"excerpt":"\r Hong Kong is better prepared today to withstand future financial crises, such as a property market slump, according to former HKMA CEO Norman Chan Tak-lam.\r \r Source : South China Morning Post\r Read more...\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hkma-hsbc-allay-fears-about-hong-kongs-loan-risks-amid-property-glut\/","url_meta":{"origin":139251,"position":3},"title":"HKMA, HSBC allay fears about Hong Kong\u2019s loan risks amid property glut","date":"August 13, 2025","format":false,"excerpt":"\r Hong Kong\u2019s de facto central bank and the city\u2019s largest lender have issued separate statements to assuage concerns about a glut in the commercial property market, saying that the local banking system remained robust and well-capitalised. Risks associated with commercial real estate (CRE) loans were \u201cmanageable\u201d, as the classified\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-rise-for-17th-straight-month-hkma-warns-on-uncertain-outlook\/","url_meta":{"origin":139251,"position":4},"title":"Hong Kong home prices rise for 17th straight month; HKMA warns on \u2018uncertain\u2019 outlook","date":"September 29, 2017","format":false,"excerpt":"\r Hong Kong\u2019s secondary home prices rose for the 17th straight month in August, with the data set coinciding with a warning from the Hong Kong Monetary Authority of mounting uncertainties in the outlook for the residential market. The city\u2019s home price index increased 0.4 per cent to 339.0 in\u2026","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":139251,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139251"}],"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=139251"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139251\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}