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Interest rates up or down?     

tallsiii - 25 May 2005 09:44

Along with house prices, interest rates are very popular topic of conversation in this country.

Currently it looks like they might be held at 4.75% till the end of the year, but recently many have suggested that they may drop. Only a month ago, most were expecting one more rise in 2005.

The best product I have found to gain exposure to the future of interest rates is at www.spreadfair.com.

tallsiii - 26 May 2005 18:53 - 9 of 10

You may be right optomistic, the lowering of rates does seem to be on the agenda again.

We the insolvency rate increasing recently does that mean they have to raise rates to discourage people from taking on more debt, or does it mean they have to lower them to help people manage the debts they already have???

hewittalan6 - 16 Nov 2005 08:42 - 10 of 10

I refer my right honourable friends to post number 2 in May of this year!
Looking like a pretty good forecast. Wish I could take credit for it, but the LIBOR rate is governed by the guys who really know whats happening and they forecast it, not really me!!
Alan
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