Agathe Jeannette

Rate Cuts 2024 South Africa News. Alexforbes argued that the decline in inflation would allow the bank to cut the repo rate by 75 basis points (bps) by july 2024. Interest rate cuts in south africa continue to get pushed back, with central bankers biding their time and waiting for inflation to cool.

The monetary policy committee will find it very hard now to deny south africa consumers a repo rate cut with inflation at 4.6%. Kganyago is expected to hold rates.