Wednesday, 30 October 2019

Hong Kong's central bank cuts interest rate after Fed move

The Hong Kong Monetary Authority (HKMA) lowered its base rate charged through the overnight discount window by 25 basis points to 2% on Thursday, hours after the U.S. Federal Reserve delivered a cut of the same size.


from Reuters: Business News https://ift.tt/2q1V2cN

No comments:

Post a Comment

A millennial quit a 6-figure job at Google to pursue more meaningful work: 'I wanted more out of my career and my life.'

Joslyn Orgill Joslyn Orgill Joslyn Orgill left her six-figure data engineer job at Google to pursue a Ph.D. in computer science. She s...