Anyone betting on an interest rate decrease

**Dave A** · 17-Jul-12, 04:12 PM

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...

**Nickolai Naydenov** · 17-Jul-12, 06:11 PM

It would be nice, I just don't see it happening

**AndyD** · 17-Jul-12, 10:53 PM

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

**Blurock** · 17-Jul-12, 11:10 PM

For now, it may just remain static.

**Blurock** · 19-Jul-12, 08:31 PM

Dave was right. Repo rate reduced by 0.5% .

**AndyD** · 20-Jul-12, 01:41 AM

It's a sign of the times. Not even 5 years ago the decision to adjust interest rats was based almost purely on inflation.

**IanF** · 20-Jul-12, 07:12 AM

Isn't SA catching up with the rest of the world just look at the rates in the USA and Japan.

**Blurock** · 20-Jul-12, 09:59 AM

...or is it an attempt to stimulate the economy?

**Dave A** · 21-Jul-12, 06:37 AM

Originally Posted by Blurock

...or is it an attempt to stimulate the economy?

That, and to try help folk who are struggling with their debt, I think.

**murdock** · 21-Jul-12, 09:24 AM

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.