HKMA Chief Executive Eddie Yue warns that the interest rate outlook remains uncertain.

HKMA Chief Executive Eddie Yue said there is still considerable uncertainty in the US interest rate trajectory, and the public should prudently manage interest rate risks when making financial decisions. The HKD-USD interest rate spread is expected to widen, and arbitrage activities may lead to a gradual weakening of the HKD. Eddie Yue expects the property market to show a stabilizing trend. The HKMA will continue to monitor the market and maintain monetary and financial stability.