First Take SA

SARB set to announce its interest rates decision later


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The South African Reserve Bank's Monetary Policy Committee is set to announce its highly anticipated decision on interest rates today. With inflation having dipped to 4.5%, analysts are hopeful that the bank will initiate a rate-cutting cycle, mirroring the trend of global central banks. For his insights on the potential monetary policy direction, Professor Bonke Dumisa, an independent economic analyst, spoke to Elvis Presslin to share his sentiments

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