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<HK Home>Mortgage Agency of Ricacorp Expects HK Banks to Cut Rates Again Next Yr, Enough to Offset Prior Rate Hikes
The US Fed cut interest rates by 0.25% again, as expected, with the biggest goal being to bring inflation back to 2% and help to raise the employment rate, according to the Mortgag...
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<HK Home>Mortgage Agency of Ricacorp Expects HK Banks to Cut Rates Again Next Yr, Enough to Offset Prior Rate Hikes
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The US Fed cut interest rates by 0.25% again, as expected, with the biggest goal being to bring inflation back to 2% and help to raise the employment rate, according to the Mortgage Agency of Ricacorp. The dot plot of future interest rat trend shows a slower rate cut pace in 2025, with 2 rate cuts expected in 2025.

The pace of rate cuts in the US will slow down in the coming year, Cookie Wong, Managing Director of the company, said. However, given the current economic and market conditions, a 0.25% rate cut is within the range of market consensus.

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It is believed that Hong Kong banks will have a great chance of following the pace of a 0.25% rate cut in the coming year, offsetting the interest rate hikes from the earlier cycle.

It was surprising that HSBC and BOC HONG KONG (02388.HK)  -0.300 (-0.823%)    Short selling $127.39M; Ratio 15.144%   had cut interest rates for 3 consecutive times, Wong added. The rate cut pace was very positive, and would undoubtedly be effective in alleviating the financial burden of mortgage payment for homeowners.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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