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South Africa Poised for Interest Rate Cut as SARB Weighs Next Move

South Africa Poised for Interest Rate Cut
  • Economists predict a 25-basis point rate cut, with some pushing for a sharper reduction
  • Inflation softens to a three-year low, fuelling expectations of monetary easing

South Africa is on the cusp of a much-anticipated interest rate cut as the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) prepares for its key decision today. With inflation cooling and markets eager for relief, economists are widely forecasting a 25-basis point cut, though some argue that a bolder move is needed to jolt the economy back to life.

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