Are your repayments going to increase? What to expect from repo rate decision
Source ↗
👁 0
💬 0
With the South African Reserve Bank’s (Sarb) next repo rate decision just days away, economists expect the Monetary Policy Committee (MPC) to keep the repo rate unchanged following its pre-emptive 25-basis-point rate hike in May.
However, a small but growing risk of another increase remains as inflationary pressures persist, with economists expecting June inflation to reach 4.7%, up from 4.5% in May. It has been argued that the rise in consumer prices is driven largely by external shock
However, a small but growing risk of another increase remains as inflationary pressures persist, with economists expecting June inflation to reach 4.7%, up from 4.5% in May. It has been argued that the rise in consumer prices is driven largely by external shock
Comments (0)