South African Reserve Bank Interest Rate Cut
latest news & developments
Reserve Banks keeps interest rate unchanged as widely expected
The decision was not unanimous; four monetary policy committee members preferred to keep rates on hold, while two favoured a 25 basis point cut
Reserve Bank likely to keep rates unchanged as lower inflation target complicates the picture
Economists are uncertain about how the bank will adjust its policies based on the lower target it has signalled it wants to pursue
Reserve Bank to cut interest rates further this week, economists say
What is expected to be the second cut in an interest rate easing cycle would bring relief to consumers ahead of the festive season