Risk of another rate hike might rise depending on the new political situation
22 September 2008 · Staff Writer
Rates risk to be watched closely
From Fin24
If economic instability arises in the wake of the political transition and the rand weakens badly, the risk of another rate hike becomes stronger, says chief economist from Investment Solutions, Chris Hart.
Justmoney.co.za says:
The times they are a changing. Whether there is another interest rate hike or not, it is always a good time to start saving, do a financial healthcheck and pay off your credit card.
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