In a report on Tuesday, the International Monetary Fund (IMF) said it expects rates to drop from the current 4.25 per cent to 3.75 per cent by Christmas.

Mounting debts and trade war uncertainty risk triggering renewed financial turmoil

In a report on Tuesday, the International Monetary Fund (IMF) said it expects rates to drop from the current 4.25 per cent to 3.75 per cent by Christmas.