One of the most effective ways to save money in the long-term is to pay off your home loan (bond) as quickly as possible, rather than over the full 20- or 30-year term. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content This is typically achieved in two ways: Keeping your … Read more
There was some good news for those looking to enter the property market – as well as those currently paying off bonds – on Thursday when the South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) cut the interest rate. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content As was … Read more
There was good news for South Africans looking to enter the property market – as well as those paying off bonds – on Thursday afternoon when the South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) elected to cut the interest rate. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content … Read more
The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet in a little over 24 hours from now – and there’s likely to be some GOOD news for those drowning in debt. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content The meeting is scheduled for Thursday, 19 September … Read more
The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet next week – and there’s likely to be some GOOD news for those in debt. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content The meeting is scheduled for Thursday, 19 September with the announcement due shortly after 15:00. … Read more
An August YouGov survey of over 1,500 US adults revealed that inflation and elevated prices were the most pressing issues for voters. Many were also concerned about the weakness in the US jobs markets and the overall economy. US Vice President Kamala Harris and former President Donald Trump are trying to win voters by focusing … Read more
The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June. The central bank said the reduction comes after “continued easing in broad inflationary pressures.” The key interest rate was lowered by another 25 basis points, following a pattern established earlier this summer when rates were … Read more
Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the U.S. Department of Labor showed that consumer prices rose just … Read more
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process. That’s according to the central bank’s newly released summary of deliberations detailing discussions ahead of the July 24 rate decision. “With the emergence of slack … Read more
Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more
