South Africa’s Fourth Central Bank Rate Cut since January

The South African Reserve Bank repo rate was lowered 50 basis points to 3.75% following a 3-2 vote, with dissents favoring only a 25-basis point reduction. Today’s easing brings to 275 bps the total rate reduction since mid-January. In a released statement, the Monetary Policy Committee anticipates two cuts of 25 basis points each in […]

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