hisah wrote:guru267 wrote:mwekez@ji wrote:August inflation rate drops to 6.09% from July's 7.74%. All signs are clear. Over to MPC
400-500bps will be the way of the MPC!!!
The only way the base lending rate falls to 18% is if the CBR is at 11-12%
My only worry is opening the money flood within an election fever period... The question is do you believe an 18% base lending rate is fair in this environment??
If yes, (i think it is more than fair to the banks) the CBR must be slashed by 400bps!
This is because the banks will not slash a single basis point more than the CBK!
Mark 12:29
Deuteronomy 4:16