Hong Kong Borrowing Costs May Fall to 3% Amid Fed Cuts and Slow Lending

Hong Kong Borrowing Costs May Fall to 3% Amid Fed Cuts and Slow Lending

The cost of overnight borrowing in Hong Kong could fall to about 3% by year-end, driven by expected interest-rate cuts by the Federal Reserve and weak loan demand, according to analysts.

DBS Bank forecasts the one-month Hong Kong Interbank Offered…

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