Hong Kong raised its base rate by 0.25 percentage points on Thursday following the Fed’s overnight move. HKMA has also warned of higher mortgage rates going forward. Photo: Dickson Lee
What different types of interest rates are and why they matter
Hong Kong’s banking regulator warns of mortgage rate rise, following an increase in base rate on Thursday in response to the Fed’s overnight move
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Explainers: Business
Hong Kong raised its base rate by 0.25 percentage points on Thursday following the Fed’s overnight move. HKMA has also warned of higher mortgage rates going forward. Photo: Dickson Lee