South China Morning Post • 9/18/2026

The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point this week, marking the first increase since 2023. The Federal Open Market Committee voted unanimously to raise rates by 25 basis points to a target range of 3.75 to... Following this decision, the Hong Kong Monetary Authority and the Bank of Japan also adjusted their rates. Additionally, the 10-year US Treasury yield fell back below 5 percent.
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