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Hong Kong follows US in quarter-point interest rate cut to reduce loans cost for borrowers

✍️ Enoch Yiu 📅 October 30, 2025 07:00 AM 🕐 Scraped: October 30, 2025

Summary: Half-point cut in six weeks further eases the funding costs for businesses and mortgage borrowers.

Hong Kong’s de facto central bank cut the base interest rate for the second time in six weeks, further reducing the cost of funding to help reboot the city’s businesses and reduce the burden on mortgage borrow

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📝 Article Information

Author

Enoch Yiu

Original Publisher

🌍 South China Morning Post

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Published Date

October 30, 2025 at 07:00 AM

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