Rhea-AI Impact
Rhea-AI Sentiment
Rhea-AI Summary
HSBC Bank USA, N.A. and its affiliates have announced a reduction in their prime and reference rate. The rate will decrease from 8.50% to 8.00%, with the change taking effect tomorrow. This adjustment is significant for borrowers and investors, as it may impact various financial products tied to these rates.
The prime rate is a key benchmark used by banks to set interest rates for a range of consumer and commercial loans, including credit cards, mortgages, and business loans. A reduction in the prime rate typically leads to lower borrowing costs for customers. This move by HSBC aligns with broader economic trends and may reflect changes in the Federal Reserve’s monetary policy.
HSBC Bank USA, N.A. e le sue affiliate hanno annunciato una riduzione del loro tasso primario e di riferimento. Il tasso scenderà dal 8,50% all’8,00%, con il cambiamento che avrà effetto domani. Questa modifica è significativa per i mutuatari e gli investitori, poiché potrebbe influenzare vari prodotti finanziari legati a questi tassi.
Il tasso primario è un indicatore chiave utilizzato dalle banche per stabilire i tassi di interesse per una serie di prestiti al consumo e commerciali, tra cui carte di credito, mutui e prestiti aziendali. Una riduzione del tasso primario porta tipicamente a costi di prestito più bassi per i clienti. Questa mossa da parte di HSBC è in linea con le tendenze economiche più ampie e potrebbe riflettere cambiamenti nella politica monetaria della Federal Reserve.
HSBC Bank USA, N.A. y sus afiliadas han anunciado una reducción en su tasa preferencial y de referencia. La tasa disminuirá del 8.50% al 8.00%, con el cambio que entrará en vigor mañana. Este ajuste es significativo para prestatarios e inversores, ya que puede afectar varios productos financieros vinculados a estas tasas.
La tasa preferencial es un indicador clave utilizado por los bancos para establecer las tasas de interés de una variedad de préstamos al consumidor y comerciales, incluyendo tarjetas de crédito, hipotecas y préstamos comerciales. Una reducción en la tasa preferencial generalmente conduce a menores costos de préstamos para los clientes. Este movimiento por parte de HSBC está alineado con tendencias económicas más amplias y puede reflejar cambios en la política monetaria de la Reserva Federal.
HSBC 뱅크 USA, N.A. 및 그 자회사들은 기준금리 및 참조금리의 인하를 발표했습니다. 금리는 8.50%에서 8.00%로 감소하며, 이 변경 사항은 내일 시행됩니다. 이 조정은 대출자와 투자자에게 중요하며, 이러한 금리에 연계된 다양한 금융 상품에 영향을 미칠 수 있습니다.
기준금리는 소비자 및 상업 대출에 대한 이자율을 설정하는 데 사용되는 중요한 기준으로, 신용카드, 주택담보대출 및 사업자 대출을 포함합니다. 기준금리가 인하되면 일반적으로 고객의 대출 비용이 낮아집니다. HSBC의 이러한 움직임은 보다 넓은 경제 동향과 일치하며, 미국 연방준비제도의 통화 정책 내 변화를 반영할 수 있습니다.
HSBC Bank USA, N.A. et ses filiales ont annoncé une réduction de leur taux de base et de référence. Le taux passera de 8,50% à 8,00%, avec un changement qui prendra effet demain. Cet ajustement est significatif pour les emprunteurs et les investisseurs, car il pourrait avoir un impact sur divers produits financiers liés à ces taux.
Le taux de base est une référence clé utilisée par les banques pour fixer les taux d’intérêt d’une gamme de prêts à la consommation et commerciaux, y compris les cartes de crédit, les prêts immobiliers et les prêts aux entreprises. Une réduction du taux de base entraîne généralement des coûts d’emprunt plus bas pour les clients. Ce mouvement de HSBC s’inscrit dans des tendances économiques plus larges et pourrait refléter des changements dans la politique monétaire de la Réserve fédérale.
HSBC Bank USA, N.A. und ihre Tochtergesellschaften haben eine Senkung ihres Prime- und Referenzzinssatzes angekündigt. Der Zinssatz wird von 8,50% auf 8,00% sinken, wobei die Änderung morgen in Kraft tritt. Diese Anpassung ist bedeutend für Kreditnehmer und Investoren, da sie verschiedene Finanzprodukte betreffen kann, die an diese Zinssätze gebunden sind.
Der Prime-Satz ist eine wichtige Benchmark, die von Banken zur Festlegung der Zinssätze für eine Vielzahl von Verbraucherkrediten und Geschäftskrediten verwendet wird, einschließlich Kreditkarten, Hypotheken und Geschäftsdarlehen. Eine Senkung des Prime-Satzes führt typischerweise zu niedrigeren Kreditkosten für die Kunden. Dieser Schritt von HSBC steht im Einklang mit umfassenderen wirtschaftlichen Trends und könnte Veränderungen in der Geldpolitik der Federal Reserve widerspiegeln.
NEW YORK–(BUSINESS WIRE)– HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 8.50% to 8.00%, effective tomorrow.
About HSBC
HSBC USA Inc. (“HUSI”) is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc.
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$2,975bn at 30 June 2024, HSBC is one of the world’s largest banking and financial services organizations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240918113748/en/
Media enquiries to:
Jack Mullin
External Communications
Source: HSBC Bank USA, N.A.
FAQ
What is HSBC’s new prime and reference rate?
HSBC’s new prime and reference rate is 8.00%, reduced from 8.50%.
When does HSBC’s new prime rate take effect?
HSBC’s new prime rate takes effect tomorrow, as stated in the announcement.
How much did HSBC reduce its prime rate?
HSBC reduced its prime rate by 0.50 percentage points, from 8.50% to 8.00%.
Which HSBC entities are affected by this prime rate change?
The prime rate change affects HSBC Bank USA, N.A. and its affiliates.
How might HSBC’s prime rate reduction impact borrowers?
HSBC’s prime rate reduction may lead to lower interest rates on various loans and credit products for borrowers.
