What to expect for interest rates in South Africa next week

South Africa Tables Budget, Interest Rate Cut Now in Focus

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What to expect for interest rates in South Africa next week

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will be meeting next week to decide on its next move on interest rates, with economists divided between a hold and a cut. While most experts anticipate the central bank to remain cautious and vote to hold rates at current levels, they also agree that it won’t be a unanimous vote. A growing minority believe that the bank will realise that there is room to cut rates further—espe…