South African Reserve Bank Cut Interest Rates

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South African inflation steady

South African inflation steady as central bank pushes for lower target

South Africa's inflation rate was steady in May, staying below the central bank's 3% to 6% target range as it pushes for the target to be lowered. Headline consumer inflation stood at 2.8% year-on-year last month,

BusinessTech · 26d

What to expect for interest rates in South Africa next week

The Reserve Bank’s Monetary Policy Committee will be meeting next week to decide on its next move on interest rates, with economists predicting a close call.

Bloomberg L.P. · 7h

South African Inflation Holds Steady in May as Risks Mount

South African inflation held steady in May as uncertainty around its outlook mounts, complicating the task for the central bank when it meets next month.

Wall Street Journal20d

South African Reserve Bank Cuts Main Repo Rate to 7.25%

Photo: Kevin Lamarque/Reuters The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global ...

The Mail & Guardian20d

Reserve Bank cuts rate by 25 basis points to 7.25%

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

U.S. News & World Report20d

South African Rates in 'Neutral Zone' After Latest Cut, Central Bank Deputy Says

South Africa's central bank believes it has reached a "neutral zone" on interest rates after its latest cut and now needs government reforms to spark stronger economic growth, Reserve ...

The South African21d

Interest rate: Economists divided over a SARB cut – or not

As it stands, opinion is divided over what the South African Reserve Bank's Monetary Policy Committee (MPC) may elect to do later this week.

The Mail & Guardian23d

Reserve Bank likely to leave interest rates unchanged on Thursday

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

BusinessTech7d

South African property CEOs share bad news about interest rates

South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced this will continue.

eNCA on MSN11d

How consumers can benefit from the recent rate cut

The prime lending rate that banks use as a benchmark when lending to customers is 10.75%. For a while the cuts have been small but there cumulative effect has resulted in a full percentage point ...

14d

The Reserve Bank is expected to cut rates in July following weak GDP figures

Homeowners will be quietly celebrating Wednesday’s sluggish growth figures, with Australia’s slip back into a per capital ...

Bizcommunity.com on MSN14d

South Africa new vehicle sales climb 22% in May as interest rate cut boosts confidence

New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, including bakkies and minibuses, increased 5.8% to 10,938 units. Medium and heavy ...

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