The MPC adjusted its GDP forecast for to Its forecasts for core inflation are 3. The SARB cut the repo rate from 6. Interesting to note, the repo rate ranged between an all-time high of A significant difference of The average repo rate for the period to is The interest rates charged by the commercial bank is linked to the repo rate. When the repo rate is adjusted upward or downward by the SARB, the commercial banks and other financial institutions adjust their interest rates accordingly.
The difference between the repo rate and the prime rate is basis points. A decrease in the repo rate implies that borrowers will pay less interest on their loans, allowing the borrowers to spend more or to pay the extra money available on their outstanding debt.
However, borrowers with loans with fixed interest rates will not necessarily benefit. Contrarily, investors will receive less interest on their investments, implying less money to spend or save. Inevitably, when the repo rate increases , it is a vice versa situation for borrowers and investors. The repo rate and inflation have an inverse relationship. When the rate is increased, it will constrain inflation and vice versa — when the repo rate is lowered, inflation will rise.
Editors: Cecilia van Zyl, Ziets Botha, and Peter Skeritt. Accentuations in citations in the article are by the article writer. Price and trade data source: JSE Ltd All other statistics calculated by Profile Data. All data is delayed by at least 15 minutes. Telephone number: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
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Most Popular JSE Shares. Most Popular 20 Global Stocks. Build Your Own Share Portfolio. Open a FREE Trading Account. Open a FREE Trading Account Menu. What is the repo rate? How is the repo rate determined? The monetary policy implementation framework of the SARB simplified Source: South African Reserve Bank Creating a liquidity shortage The SARB ensures that the repo rate remains effective by compelling the commercial banks to borrow a substantial amount i.
Refinancing the liquidity requirement shortage The shortage of liquidity or liquidity requirement that has been created in the money market, is refinanced at the repo rate. This was the first of five reductions from until November. Core inflation , which excludes food, fuel, and electricity — 4. The gross domestic product GDP for was 1. Core inflation : 3. GDP for — a contraction of 0. Headline consumer price inflation — 3.
Core inflation — 3. The cut was announced against the backdrop of the following observations and forecasts. Inflation Consumer price inflation forecasts: 3. Predictions for core inflation : 3. GDP for The gross domestic product was expected to contract by 7. Concerning inflation , the following observations were noteworthy: The predictions for core inflation were 3.
The overall risks regarding the inflation outlook appeared to be balanced at the time of the MPC statement. Kganyago announced that the repo rate will remain unchanged at 3. GDP for In summary, the following facts are noteworthy. The MPC adjusted its forecasts from January to October as follows: Headline inflation — 4. Core inflation — 4. GDP for — 1. The impact of the Covid pandemic on the economy. The repo rate decreased from 6. Observations about the repo rate during the past 10 years November — October The SARB cut the repo rate from 6.
The table below is a summary of the adjustments. Month of adjustment Repo rate before adjustment Repo rate after adjustment Change in basis points Number of months since previous adjustment Expected average headline inflation rate November 6.
The expected average headline inflation rates during the months of repo rate adjustments vary from 3. The repo rate varies between 7. The repo rate from to Interesting to note, the repo rate ranged between an all-time high of The effects of the repo rate The interest rates charged by the commercial bank is linked to the repo rate.
We also use third-party cookies that help us analyze and understand how you use this website. Some of these revenues would support increased state regulatory and enforcement costs that could reach the low tens of millions of dollars annually.
If the election were held today, would you vote yes or no on Proposition 26? Initiative Constitutional Amendment. It allows Indian tribes and affiliated businesses to operate online and mobile sports wagering outside tribal lands. It directs revenues to regulatory costs, homelessness programs, and nonparticipating tribes.
Some revenues would support state regulatory costs, possibly reaching the mid-tens of millions of dollars annually. If the election were held today, would you vote yes or no on Proposition 27?
Initiative Statute. It allocates tax revenues to zero-emission vehicle purchase incentives, vehicle charging stations, and wildfire prevention. If the election were held today, would you vote yes or no on Proposition 30? Do you agree or disagree with these statements? Overall, do you approve or disapprove of the way that Joe Biden is handling his job as president?
Overall, do you approve or disapprove of the way Alex Padilla is handling his job as US Senator? Overall, do you approve or disapprove of the way Dianne Feinstein is handling her job as US Senator? Overall, do you approve or disapprove of the way the US Congress is handling its job? Do you think things in the United States are generally going in the right direction or the wrong direction? How satisfied are you with the way democracy is working in the United States?
Are you very satisfied, somewhat satisfied, not too satisfied, or not at all satisfied? These days, do you feel [rotate]  optimistic [or]  pessimistic that Americans of different political views can still come together and work out their differences?
What is your opinion with regard to race relations in the United States today? Would you say things are [rotate 1 and 2]  better ,  worse , or about the same than they were a year ago? When it comes to racial discrimination, which do you think is the bigger problem for the country today—[rotate]  People seeing racial discrimination where it really does NOT exist [or]  People NOT seeing racial discrimination where it really DOES exist?
Next, Next, would you consider yourself to be politically: [read list, rotate order top to bottom]. Generally speaking, how much interest would you say you have in politics—a great deal, a fair amount, only a little, or none? Mark Baldassare is president and CEO of the Public Policy Institute of California, where he holds the Arjay and Frances Fearing Miller Chair in Public Policy.
He is a leading expert on public opinion and survey methodology, and has directed the PPIC Statewide Survey since He is an authority on elections, voter behavior, and political and fiscal reform, and the author of ten books and numerous publications. Before joining PPIC, he was a professor of urban and regional planning in the School of Social Ecology at the University of California, Irvine, where he held the Johnson Chair in Civic Governance.
He has conducted surveys for the Los Angeles Times , the San Francisco Chronicle , and the California Business Roundtable. He holds a PhD in sociology from the University of California, Berkeley.
Dean Bonner is associate survey director and research fellow at PPIC, where he coauthors the PPIC Statewide Survey—a large-scale public opinion project designed to develop an in-depth profile of the social, economic, and political attitudes at work in California elections and policymaking. He has expertise in public opinion and survey research, political attitudes and participation, and voting behavior.
Before joining PPIC, he taught political science at Tulane University and was a research associate at the University of New Orleans Survey Research Center. He holds a PhD and MA in political science from the University of New Orleans. Rachel Lawler is a survey analyst at the Public Policy Institute of California, where she works with the statewide survey team.
In that role, she led and contributed to a variety of quantitative and qualitative studies for both government and corporate clients. She holds an MA in American politics and foreign policy from the University College Dublin and a BA in political science from Chapman University.
Deja Thomas is a survey analyst at the Public Policy Institute of California, where she works with the statewide survey team. Prior to joining PPIC, she was a research assistant with the social and demographic trends team at the Pew Research Center. In that role, she contributed to a variety of national quantitative and qualitative survey studies. She holds a BA in psychology from the University of Hawaiʻi at Mānoa. This survey was supported with funding from the Arjay and Frances F.
Ruben Barrales Senior Vice President, External Relations Wells Fargo. Mollyann Brodie Executive Vice President and Chief Operating Officer Henry J. Kaiser Family Foundation. Bruce E. Cain Director Bill Lane Center for the American West Stanford University. Jon Cohen Chief Research Officer and Senior Vice President, Strategic Partnerships and Business Development Momentive-AI. Joshua J. Dyck Co-Director Center for Public Opinion University of Massachusetts, Lowell.
Lisa García Bedolla Vice Provost for Graduate Studies and Dean of the Graduate Division University of California, Berkeley. Russell Hancock President and CEO Joint Venture Silicon Valley. Sherry Bebitch Jeffe Professor Sol Price School of Public Policy University of Southern California. Carol S. Larson President Emeritus The David and Lucile Packard Foundation.
Lisa Pitney Vice President of Government Relations The Walt Disney Company. Robert K. Ross, MD President and CEO The California Endowment. Most Reverend Jaime Soto Bishop of Sacramento Roman Catholic Diocese of Sacramento. Helen Iris Torres CEO Hispanas Organized for Political Equality. David C. Wilson, PhD Dean and Professor Richard and Rhoda Goldman School of Public Policy University of California, Berkeley. Chet Hewitt, Chair President and CEO Sierra Health Foundation.
Mark Baldassare President and CEO Public Policy Institute of California. Ophelia Basgal Affiliate Terner Center for Housing Innovation University of California, Berkeley.
Louise Henry Bryson Chair Emerita, Board of Trustees J. Paul Getty Trust. Sandra Celedon President and CEO Fresno Building Healthy Communities. Marisa Chun Judge, Superior Court of California, County of San Francisco. Steven A. Leon E. Panetta Chairman The Panetta Institute for Public Policy. Cassandra Walker Pye President Lucas Public Affairs. Gaddi H. Vasquez Retired Senior Vice President, Government Affairs Edison International Southern California Edison.
The Public Policy Institute of California is dedicated to informing and improving public policy in California through independent, objective, nonpartisan research. PPIC is a public charity. It does not take or support positions on any ballot measures or on any local, state, or federal legislation, nor does it endorse, support, or oppose any political parties or candidates for public office.
Short sections of text, not to exceed three paragraphs, may be quoted without written permission provided that full attribution is given to the source. Research publications reflect the views of the authors and do not necessarily reflect the views of our funders or of the staff, officers, advisory councils, or board of directors of the Public Policy Institute of California.
PPIC Higher Education Center. People Our Team Board of Directors Statewide Leadership Council Adjunct Fellows. Support Ways to Give Our Contributors. Table of Contents Key Findings Overall Mood Gubernatorial Election State Propositions 26, 27, and 30 Congressional Elections Democracy and the Political Divide Approval Ratings Regional Map Methodology Questions and Responses Authors and Acknowledgments PPIC Statewide Advisory Committee PPIC Board of Directors Copyright.
Key Findings Overall Mood Gubernatorial Election State Propositions 26, 27, and 30 Congressional Elections Democracy and the Political Divide Approval Ratings Regional Map Methodology Questions and Responses Authors and Acknowledgments PPIC Statewide Advisory Committee PPIC Board of Directors Copyright.
Key Findings California voters have now received their mail ballots, and the November 8 general election has entered its final stage. These are among the key findings of a statewide survey on state and national issues conducted from October 14 to 23 by the Public Policy Institute of California: Many Californians have negative perceptions of their personal finances and the US economy. Forty-seven percent say that things in California are going in the right direction, while 33 percent think things in the US are going in the right direction; partisans differ in their overall outlook.
Partisans are deeply divided in their choices. Fewer than half of likely voters say the vote outcome of Propositions 26, 27, or 30 is very important to them.
Sixty-one percent say the issue of abortion rights is very important in their vote for Congress this year; Democrats are far more likely than Republicans or independents to hold this view. Republicans are far less likely than Democrats and independents to hold this positive view. There is rare partisan consensus on one topic: majorities of Democrats, Republicans, and independents are pessimistic that Americans with different political views can still come together and work out their differences.
About four in ten or more California adults and likely voters approve of US Senator Dianne Feinstein and US Senator Alex Padilla. These approval ratings vary across partisan groups. Approval of the state legislature is higher than approval of the US Congress.
Would you call yourself a strong Democrat or not a very strong Democrat? Acknowledgments This survey was supported with funding from the Arjay and Frances F. Kaiser Family Foundation Bruce E. Cain Director Bill Lane Center for the American West Stanford University Jon Cohen Chief Research Officer and Senior Vice President, Strategic Partnerships and Business Development Momentive-AI Joshua J.
Dyck Co-Director Center for Public Opinion University of Massachusetts, Lowell Lisa García Bedolla Vice Provost for Graduate Studies and Dean of the Graduate Division University of California, Berkeley Russell Hancock President and CEO Joint Venture Silicon Valley Sherry Bebitch Jeffe Professor Sol Price School of Public Policy University of Southern California. Robert Lapsley President California Business Roundtable Carol S.
Ross, MD President and CEO The California Endowment Jui Shrestha Survey Specialist Consultant World Bank Most Reverend Jaime Soto Bishop of Sacramento Roman Catholic Diocese of Sacramento Helen Iris Torres CEO Hispanas Organized for Political Equality David C.
Paul Getty Trust Sandra Celedon President and CEO Fresno Building Healthy Communities A. Marisa Chun Judge, Superior Court of California, County of San Francisco Phil Isenberg Former Chair Delta Stewardship Council Mas Masumoto Author and Farmer.
Panetta Chairman The Panetta Institute for Public Policy Gerald L. Parsky Chairman Aurora Capital Group Kim Polese Chairman and Co-founder CrowdSmart Cassandra Walker Pye President Lucas Public Affairs Helen Iris Torres CEO Hispanas Organized for Political Equality Gaddi H.
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Supported with funding from the Arjay and Frances F. Miller Foundation and the James Irvine Foundation. California voters have now received their mail ballots, and the November 8 general election has entered its final stage. Amid rising prices and economic uncertainty—as well as deep partisan divisions over social and political issues—Californians are processing a great deal of information to help them choose state constitutional officers and state legislators and to make policy decisions about state propositions.
The midterm election also features a closely divided Congress, with the likelihood that a few races in California may determine which party controls the US House. These are among the key findings of a statewide survey on state and national issues conducted from October 14 to 23 by the Public Policy Institute of California:. Today, there is a wide partisan divide: seven in ten Democrats are optimistic about the direction of the state, while 91 percent of Republicans and 59 percent of independents are pessimistic.
Californians are much more pessimistic about the direction of the country than they are about the direction of the state. Majorities across all demographic groups and partisan groups, as well as across regions, are pessimistic about the direction of the United States. A wide partisan divide exists: most Democrats and independents say their financial situation is about the same as a year ago, while solid majorities of Republicans say they are worse off.
Regionally, about half in the San Francisco Bay Area and Los Angeles say they are about the same, while half in the Central Valley say they are worse off; residents elsewhere are divided between being worse off and the same. The shares saying they are worse off decline as educational attainment increases. Strong majorities across partisan groups feel negatively, but Republicans and independents are much more likely than Democrats to say the economy is in poor shape.
Today, majorities across partisan, demographic, and regional groups say they are following news about the gubernatorial election either very or fairly closely. In the upcoming November 8 election, there will be seven state propositions for voters. Due to time constraints, our survey only asked about three ballot measures: Propositions 26, 27, and For each, we read the proposition number, ballot, and ballot label. Two of the state ballot measures were also included in the September survey Propositions 27 and 30 , while Proposition 26 was not.
This measure would allow in-person sports betting at racetracks and tribal casinos, requiring that racetracks and casinos offering sports betting make certain payments to the state to support state regulatory costs.
It also allows roulette and dice games at tribal casinos and adds a new way to enforce certain state gambling laws. Fewer than half of likely voters say the outcome of each of these state propositions is very important to them. Today, 21 percent of likely voters say the outcome of Prop 26 is very important, 31 percent say the outcome of Prop 27 is very important, and 42 percent say the outcome of Prop 30 is very important. Today, when it comes to the importance of the outcome of Prop 26, one in four or fewer across partisan groups say it is very important to them.
About one in three across partisan groups say the outcome of Prop 27 is very important to them. Fewer than half across partisan groups say the outcome of Prop 30 is very important to them. When asked how they would vote if the election for the US House of Representatives were held today, 56 percent of likely voters say they would vote for or lean toward the Democratic candidate, while 39 percent would vote for or lean toward the Republican candidate.
Democratic candidates are preferred by a point margin in Democratic-held districts, while Republican candidates are preferred by a point margin in Republican-held districts. Abortion is another prominent issue in this election. When asked about the importance of abortion rights, 61 percent of likely voters say the issue is very important in determining their vote for Congress and another 20 percent say it is somewhat important; just 17 percent say it is not too or not at all important.
With the controlling party in Congress hanging in the balance, 51 percent of likely voters say they are extremely or very enthusiastic about voting for Congress this year; another 29 percent are somewhat enthusiastic while 19 percent are either not too or not at all enthusiastic. Today, Democrats and Republicans have about equal levels of enthusiasm, while independents are much less likely to be extremely or very enthusiastic.
As Californians prepare to vote in the upcoming midterm election, fewer than half of adults and likely voters are satisfied with the way democracy is working in the United States—and few are very satisfied. Satisfaction was higher in our February survey when 53 percent of adults and 48 percent of likely voters were satisfied with democracy in America.
Today, half of Democrats and about four in ten independents are satisfied, compared to about one in five Republicans. Notably, four in ten Republicans are not at all satisfied. In addition to the lack of satisfaction with the way democracy is working, Californians are divided about whether Americans of different political positions can still come together and work out their differences. Forty-nine percent are optimistic, while 46 percent are pessimistic.
Today, in a rare moment of bipartisan agreement, about four in ten Democrats, Republicans, and independents are optimistic that Americans of different political views will be able to come together. Notably, in , half or more across parties, regions, and demographic groups were optimistic. Today, about eight in ten Democrats—compared to about half of independents and about one in ten Republicans—approve of Governor Newsom.
Across demographic groups, about half or more approve of how Governor Newsom is handling his job. Approval of Congress among adults has been below 40 percent for all of after seeing a brief run above 40 percent for all of Democrats are far more likely than Republicans to approve of Congress.
Fewer than half across regions and demographic groups approve of Congress. Approval in March was at 44 percent for adults and 39 percent for likely voters. Across demographic groups, about half or more approve among women, younger adults, African Americans, Asian Americans, and Latinos.
Views are similar across education and income groups, with just fewer than half approving. Approval in March was at 41 percent for adults and 36 percent for likely voters.
Across regions, approval reaches a majority only in the San Francisco Bay Area. Across demographic groups, approval reaches a majority only among African Americans. This map highlights the five geographic regions for which we present results; these regions account for approximately 90 percent of the state population. Residents of other geographic areas in gray are included in the results reported for all adults, registered voters, and likely voters, but sample sizes for these less-populous areas are not large enough to report separately.
The PPIC Statewide Survey is directed by Mark Baldassare, president and CEO and survey director at the Public Policy Institute of California. Coauthors of this report include survey analyst Deja Thomas, who was the project manager for this survey; associate survey director and research fellow Dean Bonner; and survey analyst Rachel Lawler.
The Californians and Their Government survey is supported with funding from the Arjay and Frances F. Findings in this report are based on a survey of 1, California adult residents, including 1, interviewed on cell phones and interviewed on landline telephones.
The sample included respondents reached by calling back respondents who had previously completed an interview in PPIC Statewide Surveys in the last six months. Interviews took an average of 19 minutes to complete. Interviewing took place on weekend days and weekday nights from October 14—23, Cell phone interviews were conducted using a computer-generated random sample of cell phone numbers. Additionally, we utilized a registration-based sample RBS of cell phone numbers for adults who are registered to vote in California.
All cell phone numbers with California area codes were eligible for selection. After a cell phone user was reached, the interviewer verified that this person was age 18 or older, a resident of California, and in a safe place to continue the survey e. Cell phone respondents were offered a small reimbursement to help defray the cost of the call. Cell phone interviews were conducted with adults who have cell phone service only and with those who have both cell phone and landline service in the household.
Landline interviews were conducted using a computer-generated random sample of telephone numbers that ensured that both listed and unlisted numbers were called. Additionally, we utilized a registration-based sample RBS of landline phone numbers for adults who are registered to vote in California. All landline telephone exchanges in California were eligible for selection. For both cell phones and landlines, telephone numbers were called as many as eight times. When no contact with an individual was made, calls to a number were limited to six.
Also, to increase our ability to interview Asian American adults, we made up to three additional calls to phone numbers estimated by Survey Sampling International as likely to be associated with Asian American individuals. Accent on Languages, Inc. The survey sample was closely comparable to the ACS figures.
To estimate landline and cell phone service in California, Abt Associates used state-level estimates released by the National Center for Health Statistics—which used data from the National Health Interview Survey NHIS and the ACS. The estimates for California were then compared against landline and cell phone service reported in this survey. We also used voter registration data from the California Secretary of State to compare the party registration of registered voters in our sample to party registration statewide.
The sampling error, taking design effects from weighting into consideration, is ±3. This means that 95 times out of , the results will be within 3. The sampling error for unweighted subgroups is larger: for the 1, registered voters, the sampling error is ±4.
For the sampling errors of additional subgroups, please see the table at the end of this section. Sampling error is only one type of error to which surveys are subject. Results may also be affected by factors such as question wording, question order, and survey timing. We present results for five geographic regions, accounting for approximately 90 percent of the state population.
Residents of other geographic areas are included in the results reported for all adults, registered voters, and likely voters, but sample sizes for these less-populous areas are not large enough to report separately.
We also present results for congressional districts currently held by Democrats or Republicans, based on residential zip code and party of the local US House member.
We compare the opinions of those who report they are registered Democrats, registered Republicans, and no party preference or decline-to-state or independent voters; the results for those who say they are registered to vote in other parties are not large enough for separate analysis.
We also analyze the responses of likely voters—so designated per their responses to survey questions about voter registration, previous election participation, intentions to vote this year, attention to election news, and current interest in politics. The percentages presented in the report tables and in the questionnaire may not add to due to rounding.
Additional details about our methodology can be found at www. pdf and are available upon request through surveys ppic. October 14—23, 1, California adult residents; 1, California likely voters English, Spanish. Margin of error ±3.
Web26/10/ · Key Findings. California voters have now received their mail ballots, and the November 8 general election has entered its final stage. Amid rising prices and economic uncertainty—as well as deep partisan divisions over social and political issues—Californians are processing a great deal of information to help them choose state constitutional Web06/06/ · MT4 Brokers MT5 Brokers cTrader Brokers Zulu Trade Brokers Futures Trading Platforms Best Binary Options Brokers Best Oil Brokers Best Gold Brokers Best Commodity Brokers Best Stock Trading Brokers. In order to fully understand the core of the support and resistance trading strategy, traders should understand what a Web21/10/ · A footnote in Microsoft's submission to the UK's Competition and Markets Authority (CMA) has let slip the reason behind Call of Duty's absence from the Xbox Game Pass library: Sony and Web12/10/ · Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. Microsoft describes the CMA’s concerns as “misplaced” and says that Web14/01/ · The following points are worthy of note. The average of the months between repo rate adjustments is 12 months.; The expected average headline inflation rates during the months of repo rate adjustments vary from % (May and July ) to % (January ).; The average repo rate for the 10 years is 79%.; The repo rate varies between Web15/12/ · Thursday, December 15, This is our 13th Year on the Babypips Forum OFFSHORE FOREX BROKERS Here is an updated list of the offshore brokers vetted so far in this thread, and the results of our inquiry into whether these brokers will open new accounts for U.S. residents, given the current regulatory regime imposed by the CFTC ... read more
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