As the Monetary Policy Committee (MPC) prepares for its meeting this week, most economists and experts anticipate the status quo to be maintained – and extended until the end of the year.
As the Monetary Policy Committee (MPC) prepares for its meeting this week. Economists predict that the Reserve Bank will keep the interest rate at 8.25%.
April’s consumer inflation retreated slightly to 5.2% year-on-year after sliding to 5.3% in March from 5.6% in February. However, this is unlikely to convince the Reserve Bank to lower borrowing costs.
“Given lingering inflation risk and uncertainty around the upcoming general election, the SARB is not expected to cut its repo rate this month”
Arthur Kamp, Chief Economist at Sanlam Investments
Read the full article here : “What to expect from interest rates this week – and three key things to look out for”
