The Bank is expected to reduce interest rates by 25 basis points to 8%
The Bank is expected to reduce interest rates by 25 basis points to 8%
The Bank is expected to reduce interest rates by 25 basis points to 8%
15 September 2024 – 16:29
by Denene Erasmus
This week’s focus will be on the SA Reserve Bank’s monetary policy committee (MPC) meeting, which starts on Tuesday and ends with an interest rate decision on Thursday.
It is widely expected the Bank will commence its cutting cycle and reduce interest rates by 25 basis points (bps) to 8% followed by a similar cut in November…
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