South African central bank delivers first rate cut in over four years
WEB21 hours ago · South Africa's headline consumer inflation came in at 4.4% year-on-year in August , opens new tab, just below the 4.5% midpoint of the target range the central bank aims for. Sign up here.
South Africa central bank joins easing club with 25 basis point …
WEB20 hours ago · The South African Reserve Bank (SARB) lowered the repo rate by 25 basis points to 8.00%, as predicted by economists polled by Reuters. South Africa’s headline consumer inflation came in at 4.4% ...
South Africa Lowers Interest Rates for First Time Since 2020
WEB21 hours ago · Save. South Africa’s central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. The monetary policy committee reduced its benchmark ...
South Africa is First Country to Lower Rates After Fed Cut — Update
WEB20 hours ago · Inflation in South Africa has been easing, with the headline rate falling to 4.4% in August, a three-year low, from 4.6% in July, and down from 5.3% in January. In 2024, the SARB expects GDP ...
South Africa Seen Sticking to Modest Rate Cut Despite Fed Cut
WEB1 day ago · Save. The South African Reserve Bank will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on ...
South African central bank holds key rate but some members …
WEBJul 18, 2024 · South Africa's central bank kept its main interest rate unchanged for a seventh meeting in a row at 8.25% on Thursday, but for the first time since September the decision was not...
South Africa central bank chief signals caution on rate cuts
WEBFeb 18, 2024 · South Africa must continue to fight inflation even as central banks in other emerging markets move to cut interest rates, the country’s central bank governor has said.
South Africa central bank joins easing club with 25 basis point
WEBThe South African Reserve Bank (SARB) lowered its main lending rate to 8% from 8.25%, as predicted by economists polled by Reuters, a day after data showed headline inflation fell just below 4.5% ...
South Africa's financial system stable despite headwinds, central bank ...
WEBJun 5, 2024 · South Africa's central bank said on Wednesday it expected the country's financial system to remain resilient despite risks from worldwide elections, persistent geo-political tensions and...
South Africa's Central Bank Cuts Rates for First Time in Four Years
WEB20 hours ago · Inflation in South Africa has moderated below the central bank's target range of 4.5%, allowing policymakers to commence easing after keeping rates high for 15 years. South Africa's central bank ...