ONGOING RECORD-LOW INTEREST RATE BOLSTERS PROPERTY MARKET CONFIDENCE, SAYS DR ANDREW GOLDING
Faced with recent setbacks to the economic recovery and with inflation hovering close to the mid-point range of the inflation target, as widely anticipated, the Monetary Policy Committee’s stance remains supportive of the economy by keeping the repo rate at near five-decade lows (3.5%). This means the prime interest rate holds steady at 7%, says […]



