EconomyHong Kong’s next rate rises will hurt less than in 2022, analysts say
Hong Kong is likely to face a wave of interest rate increases in the coming months, but analysts expect its property market to withstand them better than during the 2022-2023 rate cycle. Major Hong Kong banks have kept rates unchanged after the US Federal Reserve raised its benchmark this month, but are widely expected to follow if the Fed tightens again later this year.
Hong Kong’s next rate rises will hurt less than in 2022, analysts say
Economy