Policy rates: Japan vs Hong Kong

Japan1.25%

Hong Kong4.25%

Difference+300 bp

Widest gap+7.75%2000-08

JapanHong Kong

Gap at year end

2026+3%

2025+3.25%

2024+4.5%

2023+5.85%

2022+4.85%

2021+0.6%

2020+0.6%

2019+2.59%

2018+2.85%

2017+1.85%

2016+1.1%

2015+0.7%

2014+0.45%

2013+0.45%

2012+0.45%

2011+0.45%

2010+0.45%

2009+0.4%

2008+0.4%

2007+5.25%

2006+6.5%

2005+5.6%

2004+3.6%

2003+2.35%

2002+2.6%

2001+3.1%

2000+7.75%

Daily policy-rate data compiled by the BIS. Not investment advice. Compared at month ends.