Mpc

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy

Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say

This comes as inflation eased to 4.4% in August, below the midpoint of the Reserve Bank’s 3-6% target band

Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range

Delivering the unanimous decision, central bank governor Lesetja Kganyago cited a still uncertain global outlook This content is restricted to registered users and subscribers.…

Economic and financial conditions are expected to remain more volatile for the foreseeable future, says central bank

This week a spotlight is shone on a potential interest rate hike, inflation statistics and retail trade sales

The South African Reserve Bank cautioned that if it was not for load-shedding, the country’s economy could have been stronger

The South African Reserve Bank’s MPC has decided to keep the repo rate unchanged, at 3.5%, to let the actions it took last year trickle down into the economy

Governor Lesetja Kganyago warns of upward pressure on inflation and the challenging outlook for domestic growth

Nedbank Group’s Economic Unit forecasted on Monday that interest rates in South Africa will remain unchanged into late 2019

The prime lending rate remains at 9% in the wake of Reserve Bank governor Gill Marcus’s announcement that the repurchase rate will be kept at 5.5%.

Interest rates will remain unchanged, Reserve Bank governor Gill Marcus has announced, adding that the MPC’s decision was split.

SA inflation figures, indicators of growth in Europe and China, US corporate earnings reports and elections in Japan will make for a busy week.