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Four rate cuts expected in '09

Interest rates should ease in April next year

28 August 2008 · Staff Writer

Four rate cuts expected in '09

From Fin24

Interest rates should ease in April next year, followed by three consecutive cuts of 50 basis points each, Standard Bank economist Danelee van Dyk said on Wednesday following the release of inflation figures.

Justmoney.co.za says:

Well things are looking up, but. Between now and then, get a savings account, consolidate your debt, take a financial health check, wait it out.

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