
SARB Cuts Repo By 25 Basis Points To 7%.
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Guest - Tshiamo Masike – Economist at Momentum Investments
The Reserve Bank’s monetary policy committee (MPC) cut the repo rate by 25 basis points to 7% on Thursday, meeting market expectations.
The decision was unanimous. The figure of 7% is the lowest since November 2022.
The Reserve Bank’s monetary policy committee (MPC) cut the repo rate by 25 basis points to 7% on Thursday, meeting market expectations.
The decision was unanimous. The figure of 7% is the lowest since November 2022.