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Thread: Anyone betting on an interest rate decrease

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    Site Caretaker Dave A's Avatar
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    Anyone betting on an interest rate decrease

    Looks like folk are starting to think we might get an interest rate decrease one day soon.

    Not sure it's good news, though. Signs of tough times...
    The trouble with opportunity is it normally comes dressed up as work.

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    It would be nice, I just don't see it happening
    ---There is no traffic at the extra mile---

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    Diamond Member AndyD's Avatar
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    I think it's a fifty/fifty at the moment. They could easily justify a decision either way. It might be worth an outside bet on a small decrease if you're offering decent odds Dave
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    Diamond Member Blurock's Avatar
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    For now, it may just remain static.
    Excellence is not a skill; its an attitude...

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    Diamond Member Blurock's Avatar
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    Dave was right. Repo rate reduced by 0.5% .
    Excellence is not a skill; its an attitude...

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    Diamond Member AndyD's Avatar
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    It's a sign of the times. Not even 5 years ago the decision to adjust interest rats was based almost purely on inflation.
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    Moderator IanF's Avatar
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    Isn't SA catching up with the rest of the world just look at the rates in the USA and Japan.
    Only stress when you can change the outcome!

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    Diamond Member Blurock's Avatar
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    ...or is it an attempt to stimulate the economy?
    Excellence is not a skill; its an attitude...

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Blurock View Post
    ...or is it an attempt to stimulate the economy?
    That, and to try help folk who are struggling with their debt, I think.
    The trouble with opportunity is it normally comes dressed up as work.

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    i am not complaining...my bond has come down R4000 since i got it a couple of years ago...i have no investments so i am smiling...all my money is invested in my small bussinesses...bummer if you are a pensioner or living off your interest earned from investments.

    i wonder how these interest rate adjustmetns are affecting people life policies...and long terms savings...i am sure you gona find out when it comes to payout time.

    i have to laugh at how the fuel price...exchange rate etc always affects the price of goods in a negative way...but whenever there are reductions...you never see a reduction in prices.

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