Interest rate relief may come sooner than expected

[Shaun Jacobs]

Interest rate relief may come sooner than expected

The Reserve Bank may begin cutting interest rates sooner than the market expects.

 

[WollieVerstege]

 

[Sarg3_ZN]

How soon is this sooner going to be? If it is anything like the analog signal swicth off we could be waiting for a while.

 

[Dolby]

I'm sure I read a prediction of .25% end July and another 0.25% end Nov?

I great as 0.5% is - it's still got a way to go

 

[Dan C]

 

[notayoba]

Blow to banks, as SA kisses high interest rates goodbye.

Edit: Or rather. Blow to savers as they kiss their investment income goodbye.

 

[Bliksis]

Or it may not.

 

[Sensorei]

Traders have priced in a 90% chance of a rate cut in the US in September. This will pump the stock markets, drop the USD strength index and weeken the $ vs the Rand so we will see a rate cut.

The thing is the legacy markets are so overbought. The NDAQ has been trading like a crypto bull market. It seems too easy. There might some surprises to catch out late investors.