News: 2025.08.26
Jiang Jing, a Hong Kong economist at Overseas Chinese Bank, predicts that the Federal Reserve will cut interest rates for the third time next month by 0.25 percentage points, bringing the total number of rate cuts this year to three, totaling 0.75 percentage points. This will have a significant impact on the global economy, especially on Hong Kong's financial markets.
Jiang Jing stated that based on current trends, Hong Kong banks will follow the Federal Reserve's lead and lower the prime rate (P) by 0.25 percentage points next month. This will have a certain impact on Hong Kong's loan and real estate markets, potentially stimulating more people to purchase properties.
Furthermore, as the trade war between the US and China continues to escalate, the global economy faces greater uncertainty. This will have an impact on Hong Kong's exports and imports, potentially leading to a slowdown in Hong Kong's economic growth.
Jiang Jing advises investors to closely monitor changes in the global economic situation and adjust their portfolios promptly to mitigate potential risks. She points out that while there are challenges, there are also investment opportunities; the key lies in seizing the opportunity.
Overall, Overseas Chinese Bank's forecast suggests that the global economy will continue to face uncertainty and challenges, and investors should remain vigilant and manage risks well to ensure their investments generate long-term, stable returns.