Key Trends Interest Rate Cut & Monetary Policy Loosening The Hong Kong Monetary Authority (HKMA) cut its base rate by 25 basis points to 4.50%, following the U.S. Federal Reserve’s similar move. Reuters Because the Hong Kong dollar is pegged to the U.S. dollar, HK’s rates are heavily influenced by Fed policy. Reuters Stimulus Expectations Driven by Weak Economic Data Several economic indicators (e.g. weak retail sales, slowing home price …