StanChart's Head of Greater China and North Asia, as well as Hong Kong Capital Markets Department Co-Chief, Liu Mengji, indicated that the Federal Reserve in the USA has room to continue cutting interest rates, with the pace of rate cuts not expected to change significantly in the short term. Market concerns about the inflationary effects of policies that may be implemented by the incumbent US President Trump after winning the election are rising. However, he believes that it will take some time before Trump's policies are actually put into effect. Even if implemented, the impacts of these policies are expected to be reflected only after six to nine months.

He believes that Hong Kong's interbank offered rate (HIBOR) will follow the rate cuts by the Federal Reserve in the USA. The trend of Hong Kong's HIBOR for one month will depend on capital flows and market activity. The general trend is to follow the decline in the US interest rates. It is expected that the spread between Hong Kong interest rates and US interest rates will remain around 70 basis points.