香港金融管理局下调贴现窗基本利率至4%

Core Points - The Hong Kong Monetary Authority (HKMA) has lowered the discount window base rate to 4% in response to the Federal Reserve's decision to reduce the federal funds rate target range by 25 basis points to between 3.50% and 3.75% [1][3] - HKMA's Chief Executive, Eddie Yue, noted that the Hong Kong economy has performed well in recent quarters, with strong export and consumption performance, as well as stability in the capital and property markets [1] - Yue believes that the interest rate cut will have a positive effect on the Hong Kong economy, despite the influence of multiple factors [1] Economic Context - The decision to lower the interest rate aligns with market expectations following the Federal Reserve's actions [3] - The Fed's dot plot indicates a potential for another 25 basis point cut within 2026, but uncertainties regarding inflation trends and the job market remain significant [3] - The HKMA emphasizes that the Hong Kong monetary and financial markets are operating in an orderly manner, with the Hong Kong dollar interbank offered rates (HIBOR) generally aligning with U.S. interest rates under the linked exchange rate system [1]