Following the recent rate cut, Hong Kong lenders are cautiously easing household lending as they navigate a recovery that remains uneven and filled with mixed signals, according to credit reference agency TransUnion. In response to the US Federal Reserve's latest cut, the Hong Kong Monetary Authority - the city's de facto central bank - reduced its base rate to 4.25 per cent in October, its second decrease this year. That has prompted major banks to lower their prime rates and reduce borrowing costs for ...