Event Brief
UPDATED Apr 29, 2026 at 10:03 PM ET
Apr 29, 2026 at 8:04 PM ET
HKMA keeps base rate at 4% after Fed, war inflation
By The BriefBrief
Hong Kong’s HKMA held its base interest rate at 4% after the US Federal Reserve, citing reduced chances of a rate cut amid war inflation worries.
WHO: Hong Kong Monetary Authority (HKMA)
WHAT: HKMA decision to hold the base interest rate at 4%
WHEN: Apr 29, 2026 at 7:27 PM ET
WHERE: Hong Kong
WHY: Analysts said inflationary impact of the US-Israel war with Iran reduced chances of a rate cut this year.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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