Reserve Bank pauses hiking cycle, repo rate remains at 8.25%
20 Jul 2023
Business Day
Load-shedding and elevated inflation remain a risk to the economic outlook
20 July 2023 - 15:15 Thuletho Zwane
UPDATED 20 July 2023 - 16:20
The SA Reserve Bank kept the repo rate unchanged on Thursday, but warned that this was not necessarily the end of its interest-rate hiking cycle.
Inflation slowed further in June to its lowest rate in 20-months. at 5.4%, back within the Bank’s 3%-6% target range...
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