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With a recession in the United States now seen as a baseline, economists anticipate some drastic interest rate cuts to follow later in the year—with the same possible for South Africa.
As South Africa braces for an impending interest rate announcement on Thursday, experts are cautiously eyeing the potential outcomes against a backdrop of rising inflation risks and changing ...
South Africa’s central bank paused its easing ... that the monetary policy committee maintained the benchmark interest rate at 7.5%. That matched the median estimate of 21 economists in a ...
South Africa's central bank left its benchmark interest rate unchanged at 7.5%, pausing its easing cycle after three consecutive 25 basis point cuts The decision was driven by uncertainty ...
REUTERS/Siphiwe Sibeko JOHANNESBURG, March 20 (Reuters) – South Africa’s rand remained on the back foot on Thursday after the country’s central bank left its main interest rate unchanged as ...
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S.Africa central bank cuts interest rate to 7.75 percentSouth Africa's central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.75 percent, adopting caution amid mixed data and global uncertainty. It follows a fall in inflation ...
"We also explored scenarios built around changes in South Africa’s access to US markets ... African Reserve Bank’s hawkish stance on interest rates, rising living costs and the upcoming ...
SARB holds repo rate after three cuts Most analysts had predicted the pause Inflation remains well-contained But Trump's tariffs, deadlocked budget pose risks PRETORIA, March 20 (Reuters) - South ...
The decision by the Monetary Policy Committee of the South African Reserve Bank to retain the interest rate at the current level of 7.50% (prime rate at 11%) is disappointing, and a missed opportunity ...
Both inflation and the policy rate were therefore a little lower, relative to the baseline forecast," said the South African Reserve Bank governor, Lesetja Kganyago. "We also explored scenarios built ...
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