Scene set for rates to be slashed

killadoob

Honorary Master
Joined
Jan 30, 2004
Messages
46,571
milomak, it would be to great a risk to the economy to drop it by more than 50 basis points! Although even i would be very happy with a 100 basis points drop :D

A steady flow of 50 basis points drops this year would be the best!

Why the rest of world are dropped their rates to crazy figures and near non existent, so surely the rest of the world must know something we don't.
 

remybfg10k

Expert Member
Joined
May 24, 2007
Messages
3,798
Why the rest of world are dropped their rates to crazy figures and near non existent, so surely the rest of the world must know something we don't.

We have some of the best monetary policies / NCA etc in the world :D
 

CathJ

Expert Member
Joined
Nov 2, 2005
Messages
3,878
Why the rest of world are dropped their rates to crazy figures and near non existent, so surely the rest of the world must know something we don't.

No, they just have totally different economic situation than we have.
 

genetic

Honorary Master
Joined
Apr 26, 2008
Messages
37,598
Why the rest of world are dropped their rates to crazy figures and near non existent, so surely the rest of the world must know something we don't.

More like Trevor Manuel and his team knew something the rest of the world didn't.

He's the reason why we are better off economically than some other nations at the moment.
 
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