Hong Kong dollar interbank interest rates stop falling for six consecutive months, and overnight rates hit a new three-week high.

13:43 20/09/2024

On September 20th, the Hong Kong dollar interest rates continued the trend of short-term rising and long-term falling.

On September 20th, the Hong Kong dollar interbank interest rates continued the trend of short-term rise and long-term fall. The overnight interbank rate rose by nearly 40 basis points, reaching 3.495%, a new high in nearly three weeks. The one-month interbank rate related to mortgage loans also ended a six-week decline, rising from a 16-month low to 3.64548%. The one-week interbank rate rose by 30 basis points to 3.48857%, but the three-month interbank rate, which reflects the cost of bank funds, continued to decline, further dropping to 3.87833%, the lowest since May 2, 2023. As for longer-term rates, the six-month and one-year rates decreased to 3.91512% and 3.93304% respectively.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!