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HKMA Cuts Base Rate to Support Economy and Mortgages

12/11/2025

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Summary

Story summary

The Hong Kong Monetary Authority (HKMA) cut its base rate by a quarter point to 4%, the third cut in three months, to support businesses and ease mortgage burdens.
The move followed the United States Federal Reserve's cut to 3.5%–3.75%.
Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), said the cut would boost the economy and property market and cautioned about borrowing risks.

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Story summary

The Hong Kong Monetary Authority (HKMA) cut its base rate by a quarter point to 4%, the third cut in three months, to support businesses and ease mortgage burdens.
The move followed the United States Federal Reserve's cut to 3.5%–3.75%.
Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), said the cut would boost the economy and property market and cautioned about borrowing risks.