The Hong Kong dollar interbank interest rates are generally trending downwards. The one month interbank rate ended a two month increase and reported at 3.21107%.
On December 30th, the Hong Kong Dollar interbank interest rates generally trended downwards, with the one-month interbank rate related to mortgages ending a two-week increase and falling to 3.21107%, a decrease of 13.953 basis points.
On December 30th, the Hong Kong dollar interbank interest rates generally fell, with overnight rates at 3.88036%, down 11.75 basis points; one-week rates down 26.476 basis points at 4.19429%, and two-week rates down 7.167 basis points at 3.89464%. The one-month interbank interest rates related to mortgages ended a two-month increase, falling to 3.21107%, down 13.953 basis points.
The three-month interbank rate, which reflects bank funding costs, was down 4.828 basis points at 3.03607%. In terms of longer-term rates, the six-month interbank rate fell 1.917 basis points to 3.03125%, while the one-year rate increased by 0.071 basis points to 3.09238%.
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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.

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