RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserve’s decision to keep interest rates unchanged. Hong Kong’s monetary policy follows the Fed closely due to its currency peg to the U.S. dollar within a 7.75-7.85 range.
The Fed left its benchmark rate steady at 4.25%-4.50% and reaffirmed its forecast for two quarter-point cuts by year-end, despite projecting slower economic growth and persistent inflation. In response, HKMA cautioned that local interest rates may remain elevated for an extended period, as future U.S. rate adjustments remain uncertain. The authority advised the public to assess interest rate risks carefully when making financial decisions, such as purchasing property or taking out mortgages.
Despite steady interest rates, Hong Kong’s financial markets continue to function smoothly, with stable liquidity conditions and a firm Hong Kong dollar exchange rate.
The city’s economic outlook remains tied to the Fed’s monetary stance, and investors are closely watching for potential rate cuts that could impact borrowing costs and asset prices.
