Repo rate predictions: Economists expect cautious rate cuts
Economists predict a potential repo rate cut in September, with Frank Blackmore of KPMG suggesting conservative reductions based on inflation trends.
Standard Bank almost certain interest rate cuts will happen next time
If Standard Bank is right, this will be the first interest rate cut that South Africans will experience since the onset of the Covid-19 pandemic.
South Africans hopeful for imminent interest rate cuts
In May, nearly 50% of home loans registered by Standard Bank were secured by first-time buyers.
Repo rate likely won’t go down as SA hopes
Stats SA reported that annual consumer inflation quickened in February, rising to 5,6% from 5,3% in January and 5,1% in December.