Rate cuts...imminent?

[DJ...]

I doubt 200. In fact I'd put my money on it...

 

[Ou grote]

Won't be more than 400 bp for the rest of the year, and maximum of a 100 bp cut per time.

 

[Kloofvreter]

Not that it would really affect me till the Jibar rate people have their quaterly meeting in April... but I'll love it. Except for my damn bakkie on fixed rate... ARG!!!!

How much do you pay for your bakkie? Because on car installments these rate cuts have very little effect, maybe like R45 or something.

 

[Dolby]

How much do you pay for your bakkie? Because on car installments these rate cuts have very little effect, maybe like R45 or something.

I bought RunX is April 2006 at an installment of R2,050.00 ... it peaks a few months ago at R2,495.00 and now it's sitting at R2,399.00.

Not too shabby

 

[Lord Anubis]

CPI 8.1%. I still think there will be a 100bps cut next week.

 

[supersunbird]

How much do you pay for your bakkie? Because on car installments these rate cuts have very little effect, maybe like R45 or something.

R2378

1.5% drop would have saved me about R120 a month. Every buck counts lol.

 

[Dolby]

Agreed.

Should be able to put a bit more aside in 2009 with my 3G contract & Skytrax ending in 2 months - as well as streamlining banking & insurance.

Interest should save me about R200.00, insurance perhaps R150.00, 3G perhaps R50.00 and banking should be around R200.00 as well.

R600.00pm extra

 

[Lord Anubis]

TitO Head Robweni...thanks for ef'all!