South Africa: Reserve Bank Cuts Repo Rate By 25 Basis Points

South Africa: Reserve Bank Cuts Repo Rate By 25 Basis Points

[SAnews.gov.za] The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.

South Africa cuts repo rate to 7.25 pct, lowers growth, inflation forecasts

JOHANNESBURG, May 29 (Xinhua) -- South Africa's central bank cut its benchmark repo rate by 25 basis points to 7.25 percent on Thursday, citing subdued inflation and slowing growth, while lowering its forecasts for both gross domestic product and consumer prices amid global economic uncertainty. Read full story

Reserve Bank cuts rate by 25 basis points to 7.25% – The Mail & Guardian

The South African Reserve Bank has lowered the benchmark interest rates by 25 basis to 7.25%, citing global economic volatility and uncertainty that are expected to dampen global growth, governor Lesetja Kganyago said on Thursday.  This is the fourth reduction in a series of 25 basis point interest rate cuts since September 2024, only interrupted by a pause in March. The decision, which was widely unexpected by economists, was favoured by five m…

SA repo rate cut to 7.25%: What it means for your home loan, debt & the economy

In a move welcomed by borrowers but cautiously eyed by investors, the South African Reserve Bank (SARB) has cut the repo rate by 25 basis points to 7.25%, bringing the prime lending rate down to 10.75%. This decision was unanimous among all Monetary Policy Committee (MPC) members, signaling a surprising shift from the SARB’s usual cautious stance — and pointing to a lower inflation target ahead. Official SARB May 2025 Monetary Policy Statement R…

SARB MPC Review May 2025

SARB MPC Review May 2025

South Africa Cuts Repo Rate to 7.25%: Who Gains the Most

In a widely anticipated move, the South African Reserve Bank (SARB) cut its benchmark repo rate by 25 basis points on Thursday, bringing it down to 7.25%—a decision that underscores growing concern over weak domestic growth and a favorable inflation trajectory. The cut marks the fourth rate reduction in less than a year, as policymakers […] The post South Africa Cuts Repo Rate to 7.25%: Who Gains the Most appeared first on CCE l ONLINE NEWS.