Interest Rates | SARB to announce repo rate decision

  • 📰 eNCA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Economists expect the Reserve Bank to increase interest rates this afternoon to fight inflation.

JOHANNESBURG - Interest rates will have to be hiked to make inflation more manageable.He says while your repayments will increase in the short-term, there are long-term benefits.Watch the video above for more details on this story.

Source: Loan Digest (loandigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Minister of Finance does not know what is doing, with economy of country

Loading shedding killing economy and this useless governor is finishing it to the ground

The ruling party had put useless governor as well useless energy minister. They must get red of these old men are useless must go

This governor must be fired is useless

Mathatha Hai we can't cope anymore

Can they just let us rest… hayini maan!!

They going to increase it anyway 🤕

There no reason to increase .. SARB is jot creating a reccession .. this is why sarb should be nationalised ...

😥😥😥 hope its not another increase

50 basis poins.

I can smell 100 basis points coming our way

I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01

This is the greatest surprise all my life to wake up and receive $10,000 out of $1000 investment after so many tries I finally found a Legit platform for investment. All thanks to Mrs Nancy_L_Jeffer for making this possible. 🔽🔽🔽🔽 Nancy_L_Jeffer

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Economist Roodt warns consumers to brace for substantial interest rate hikeThe South African Reserve Bank (Sarb) is expected to announce the interest rates on Thursday following a meeting by the Monetary Policy Committee. I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
Source: ewnupdates - 🏆 30. / 53 Read more »

Sarb expected to hike repo rate to pre-virus levelsThe SAReserveBank is expected to fully unwind its extraordinary pandemic-era stimulus measures when it raises interestrates on Thursday. Moneyweb Economy SAReserveBank No increase SAReserveBank Greatest trader of all time JamesAlderson0 I never believe it until I experience it For a start i deposited R50,000 to test the waters in 7 days I got a return of R500,000, he's diligence and honesty is undeniable. Thank you once again JamesAlderson0
Source: Moneyweb - 🏆 5. / 77 Read more »

Rand steady before Sarb rate decision[CURRENCY] At 06:15 GMT, the rand traded at R17.76 against the dollar, which appears steady before the central bank’s interest rate decision later today. Moneyweb Currency
Source: Moneyweb - 🏆 5. / 77 Read more »

Load shedding, inflation key to repo rate decision – economistAn economist says inflation and load shedding is likely high on the agenda of the Monetary Policy Committee's meeting to decide on the latest repo rate adjustment.
Source: ecr9495 - 🏆 38. / 51 Read more »

Business Maverick: Turkey set on ultra-loose course after shock rate cutThe country’s central bank isn’t about to reverse course after a shock decision to cut interest rates last month and may even surprise by easing monetary policy again despite raging inflation.
Source: dailymaverick - 🏆 3. / 84 Read more »

Asian markets slump to two-year low as dollar soarsThe US Federal Reserve has flagged more interest rate hikes Dollar soars not even Euro and pound.
Source: BDliveSA - 🏆 12. / 63 Read more »