HONG KONG, Oct 30 (Reuters) - Hong Kong's de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25%, tracking a cut by the U.S. Federal Reserve.

It was the second easing by the Hong Kong Monetary Authority (HKMA) this year since a 25 basis point cut in September. The rate is charged via the overnight discount window.

Sign up here.

The Federal Reserve cut interest rates by a quarter of a percentage point to lower the policy rate to a range of 3.75%-4.00% overnight.

Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a tight range of 7.75-7.85 per dollar.

https://www.reuters.com/world/asia-pacific/hong-kong-central-bank-cuts-interest-rate-tracking-fed-move-2025-10-29/