Credit growth may bring new rate hike

2008-07-29 00:00

The fairly healthy growth in credit extension to the private sector in June 2008 has kept alive the argument for a further interest rate hike next month.

Private sector credit extension in May rebounded somewhat to 19,7% year on year after a slow April. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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