In November, Hong Kong's CPI year-on-year was 1.4%, lower than expected.
On December 20, Gelo Exchange reported that Hong Kong's comprehensive CPI in November was 1.4% year-on-year, expected to be 1.5%, and the previous value was 1.40%.
Express News | The composite interest rate in Hong Kong at the end of November is 2.20%, a decrease of 10 basis points month-on-month.
Swiss Trade Surplus Declines in November
Zhongyuan Mortgage: It is expected that the best lending rate in Hong Kong will complete its rate cut next year, reducing the mortgage interest rate to 3.25%.
The Federal Reserve, as expected by the market, reduced interest rates by 0.25% after the meeting, marking the third rate cut this year, with a cumulative reduction of 1% in the USA since September.
Hong Kong Central Bank Cuts Interest Rate Tracking Fed Move, Banks Follow
Eddie Yue Wai-man: Banks can decide whether to lower the deposit and lending rates in Hong Kong based on their own circumstances.
Eddie Yue Wai-man stated this morning that whether Banks lower deposit and loan interest rates is decided by the Banks themselves, based on the interbank interest rates and funding cost structure, and then decide whether to lower and by how much.