A slowdown in Fed rate increases means Hong Kong banks will also not be under pressure to increase their cost of funding, which should provide some relief to the city’s economy as well as its property market. Photo: Dickson Lee
SVB collapse: Hong Kong property market, economy could benefit from expected pause in US interest rate increases
- Five out of eight analysts in Hong Kong polled by the Post say they expect Fed to not raise interest rates on March 22
- No rate rises will benefit Hong Kong’s property market and overall economy, ANZ economist says
A slowdown in Fed rate increases means Hong Kong banks will also not be under pressure to increase their cost of funding, which should provide some relief to the city’s economy as well as its property market. Photo: Dickson Lee
