Hsbc Rate Cut 2025 Predictions. Hsbc chief economist paul bloxham has predicted the cash rate will be cut by 25 basis points at the february meeting. Hsbc has cut mortgage rates and is making its energy efficient home cashback mortgage available to more customers.

That is followed by further declines in the fed funds rate, putting the average fed funds rate at 3.6 per cent in 2025 accordingly, our view has also shifted. Hsbc’s chief economist says he doesn’t expect a cut until the second quarter of 2025.