Interest Rate Cuts 2024 South Africa 2024. Standard bank expects the reserve bank to cut interest rates twice before the end of 2024 due to the. Most experts predict that the south african reserve bank will keep interest rates unchanged at 8.25% this week, with a potential rate cut later in 2024.
South africa’s central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as inflation is seen taking. South africa’s reserve bank will leave its repo rate on hold this week but cut rates by 25 basis points to 8.00% in september as inflation cools, a reuters poll found.
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