Uncertainty risks higher rates, says Reserve Bank

Bad news for South Africans hoping for an interest rate CUT

The South African Reserve Bank (SARB) has issued a cautionary outlook in its latest Monetary Policy Review. According to Bloomberg, it warned that global borrowing costs are likely to remain higher for longer as economic uncertainty escalates, particularly due to aggressive trade policies introduced by US President Donald Trump and domestic political tensions. For the latest finance news, bookmark The South African website’s dedicated section fo…

Uncertainty risks higher rates, says Reserve Bank

South Africa's central bank cautioned that borrowing costs around the world are likely to remain higher for longer as it grows doubtful about the inflation outlook amid US President Donald Trump's aggressive trade tariffs.

Reserve Bank set to reveal insight into rates decision

Earlier this month, the central bank decided to keep interest rates on hold at 4.1 per cent.

US Federal Reserve Chairman Jerome Powell is scheduled to comment on the economic outlook tomorrow.

RBA reveals why it kept rates on hold

The Reserve Bank of Australia has revealed why it poured cold water over back-to-back rate cuts for mortgage holders.

Cost-of-living warning no one wants to hear as Trump's tariffs wreak havoc on the Aussie dollar

BREAKING NEWSCost-of-living warning no one wants to hear as Trump's tariffs wreak havoc on the Aussie dollar Reserve Bank issues inflation warning The Reserve Bank has warned Donald Trump's tariffs could weaken the Australian dollar and push up inflation. Interest rates were left on hold at 4.1…