Good news SA: Reserve bank lowers repo rate for first time in eight meetings
The SARB’s MPC cuts the repo rate to 8%, citing global inflation improvements and a stronger rand. What this means for South Africa’s economic outlook.
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.
SA Reserve Bank maintains repo rate at 15-year high, Economists weigh in
Economists said that the decision to not change the repo rate was consistent with expectations but expressed concerns over inflation in the future.
SA Reserve Bank holds repo rate steady: no drop in interest rates just yet
Kganyago noted that global inflation is easing, but not yet stable.
SA’s hopes likely to be dashed as economist predicts repo rate to remain unchanged
Blackmore explains that the primary reason for maintaining the current repo rate is the South African Reserve Bank’s data-dependent approach.
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.