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Goldman Sachs: HIBOR’s rapid rise may not push Hong Kong banks’ profit preference for Bank of China Hong Kong

Posted on 2022-05-04 by Leave a comment

Goldman Sachs said in a research note that the bank’s U.S. economists now expect the FEDERAL Reserve to raise interest rates at every meeting this year, meaning there will be seven rate hikes this year.The forecast of 10 rate hikes through 2024 remains unchanged, but the action is expected to be concentrated in the early…

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