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Eddie Yue: Uncertainty Lingers in Future US Rate Cut Magnitude, Pace
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Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, stated that the Federal Reserve's 25bps rate cut aligns with market expectations. However, uncertainty lingers regarding the magnitude and pace of future US rate cuts, which will influence Hong Kong's interest rate environment. Yue alerted that citizens should carefully assess their financial situation and risk tolerance when considering property purchases, investments, or borrowing decisions. AASTOCKS Financial News Website: www.aastocks.com |
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