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2025.09.1800:42:30UTC+00Macau Cuts Base Rate by 25bps After Fed Decision

The Macau Monetary Authority reduced the base rate by 25 basis points to 4.50% on September 18, 2025. This decision mirrors a similar rate cut by its Hong Kong counterpart, which followed the US Federal Reserve's interest rate reduction. This marks Macau's first rate cut of the year, lowering borrowing costs to their lowest point since November 2022, against a backdrop of diminishing inflationary pressures. The annual inflation rate in Macau decreased to 0.12% in July, the slowest increase in four months. At the same time, the unemployment rate slightly rose to 2.0% for the three months ending in July 2025, the highest since March 2024, up from 1.9% in the preceding period.

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