Breaking news this morning....
Looks like the US Federal Reserve is set to drop the interest rates by 50 basis points.
This will be one of the biggest rate cuts in US history dropping the interest rate to just 1%.
Will South Africa's reserve bank follow suit? Or are we going to have to sit out the 15.5% interest rate until early next year?
What do you think?
Showing posts with label gobal credit news. Show all posts
Showing posts with label gobal credit news. Show all posts
Wednesday, 29 October 2008
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