Central Bank RatesHong Kong policy rate in 2020 (52 changes)
Start of year2.49%
End of year0.50%Dec 31, 2020
Net change-199 bp19 hikes, 33 cuts
Average0.897%
Rank by level22 / 38
Changes in 2020
| Date | From | To | Change |
|---|---|---|---|
| Jan 2, 2020 | 2.49% | 2.73% | hike +24 bp |
| Jan 3, 2020 | 2.73% | 2.68% | cut -5 bp |
| Jan 6, 2020 | 2.68% | 2.55% | cut -13 bp |
| Jan 7, 2020 | 2.55% | 2.41% | cut -14 bp |
| Jan 8, 2020 | 2.41% | 2.28% | cut -13 bp |
| Jan 9, 2020 | 2.28% | 2.00% | cut -28 bp |
| Mar 4, 2020 | 2.00% | 1.50% | cut -50 bp |
| Mar 16, 2020 | 1.50% | 0.86% | cut -64 bp |
| Mar 17, 2020 | 0.86% | 0.91% | hike +5 bp |
| Mar 18, 2020 | 0.91% | 0.98% | hike +7 bp |
| Mar 19, 2020 | 0.98% | 1.08% | hike +10 bp |
| Mar 20, 2020 | 1.08% | 1.19% | hike +11 bp |
| Mar 23, 2020 | 1.19% | 1.26% | hike +7 bp |
| Mar 24, 2020 | 1.26% | 1.29% | hike +3 bp |
| Mar 25, 2020 | 1.29% | 1.33% | hike +4 bp |
| Mar 26, 2020 | 1.33% | 1.39% | hike +6 bp |
| Mar 27, 2020 | 1.39% | 1.46% | hike +7 bp |
| Mar 30, 2020 | 1.46% | 1.57% | hike +11 bp |
| Mar 31, 2020 | 1.57% | 1.65% | hike +8 bp |
| Apr 1, 2020 | 1.65% | 1.72% | hike +7 bp |
| Apr 2, 2020 | 1.72% | 1.63% | cut -9 bp |
| Apr 3, 2020 | 1.63% | 1.56% | cut -7 bp |
| Apr 6, 2020 | 1.56% | 1.48% | cut -8 bp |
| Apr 7, 2020 | 1.48% | 1.40% | cut -8 bp |
| Apr 8, 2020 | 1.40% | 1.29% | cut -11 bp |
| Apr 14, 2020 | 1.29% | 1.26% | cut -3 bp |
| Apr 15, 2020 | 1.26% | 1.23% | cut -3 bp |
| Apr 16, 2020 | 1.23% | 1.21% | cut -2 bp |
| Apr 17, 2020 | 1.21% | 1.19% | cut -2 bp |
| Apr 20, 2020 | 1.19% | 1.18% | cut -1 bp |
| Apr 21, 2020 | 1.18% | 1.19% | hike +1 bp |
| Apr 22, 2020 | 1.19% | 1.18% | cut -1 bp |
| Apr 23, 2020 | 1.18% | 1.19% | hike +1 bp |
| Apr 24, 2020 | 1.19% | 1.20% | hike +1 bp |
| Apr 27, 2020 | 1.20% | 1.19% | cut -1 bp |
| Apr 28, 2020 | 1.19% | 1.16% | cut -3 bp |
| Apr 29, 2020 | 1.16% | 1.11% | cut -5 bp |
| May 4, 2020 | 1.11% | 1.03% | cut -8 bp |
| May 5, 2020 | 1.03% | 0.94% | cut -9 bp |
| May 6, 2020 | 0.94% | 0.82% | cut -12 bp |
| May 7, 2020 | 0.82% | 0.71% | cut -11 bp |
| May 8, 2020 | 0.71% | 0.62% | cut -9 bp |
| May 11, 2020 | 0.62% | 0.56% | cut -6 bp |
| May 12, 2020 | 0.56% | 0.50% | cut -6 bp |
| May 27, 2020 | 0.50% | 0.51% | hike +1 bp |
| May 28, 2020 | 0.51% | 0.56% | hike +5 bp |
| May 29, 2020 | 0.56% | 0.62% | hike +6 bp |
| Jun 2, 2020 | 0.62% | 0.59% | cut -3 bp |
| Jun 3, 2020 | 0.59% | 0.57% | cut -2 bp |
| Jun 4, 2020 | 0.57% | 0.55% | cut -2 bp |
| Jun 5, 2020 | 0.55% | 0.51% | cut -4 bp |
| Jun 8, 2020 | 0.51% | 0.50% | cut -1 bp |
Compared with other areas at the end of 2020
17%
4.25%
4.25%
4%
3.85%
3.75%
3.5%
2%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.5%
1%
1%
0.75%
0.6%
0.5%
0.5%
0.5%
0.5%
0.25%
0.25%
0.25%
0.25%
0.125%
0.1%
0.1%
0.1%
0.1%
0%
0%
0%
-0.1%
-0.6%
-0.75%
Year-end rate over time
4.25%
4%
4.75%
5.75%
4.75%
0.5%
0.5%
2.49%
2.75%
1.75%
1%
0.75%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
5.75%
6.75%
5.75%
3.75%
2.5%
2.75%
3.25%
8%
2020: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.