Interest rate hike expected this week

[Sideshow Bob]

And you see estate agents telling people to buy now while the interest rates are low, because rate hikes are imminent.

Some also say to increase your budget as interest rates are going to be lowered soon.

 

[Sideshow Bob]

What? More?

ANC: Hold my beer!

Good, I can do with some extra income.

 

[LetsDance]

This phenomenon of zero or low interest rates around the world has caused record breaking inflation. All it did was kick the can down the road.

 

[BBSA]

Reserve Bank announces another interest rate hike | Business

The Reserve Bank's monetary policy committee has hiked the repo rate by another 25 basis points to 4%. This brings the prime rate to 7.5%.

www.news24.com

 

[zerocool2009]

I hope it goes quicker up.... we need beter savings products (with higher rates)