Federal Reserve Chairperson Powell has made it clear that the time has come to cut interest rates. Leung Siu-kee, a senior advisor to Hang Seng Bank, said on a radio program today that there is a good opportunity to cut interest rates in September, and it is estimated that it may be reduced by 1/4% (25bp). He expects the Federal Reserve to cut interest rates twice this year, 1/4% each time, that is, it may cut interest rates by half a percentage point (50bp) at the end of the year, which I believe will be good news for Hong Kong. Leung Siu-kee pointed out that the interest rate cut will relatively reduce the cost of credit in all walks of life, and at the same time, it will bring a