inflation targetlatest news & developments
Reserve Bank governor Lesetja Kganyago

Reserve Bank cuts interest rates to 7% in widely expected decision

With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target range — to spur economic growth

  • Aarti Bhana
4 min read
The South African Reserve Bank has room to consider an interest rate cut at this week’s monetary policy committee meeting. (Oupa Nkosi)

Reserve Bank to lower interest rates again, economists forecast

Economists are also watching out for whether the central bank will adjust the target for inflation, which for now remains within a 3-6% target band

  • Aarti Bhana
4 min read
Reserve Bank governor Lesetja Kganyago

Reserve Bank holds repo rate

Delivering the unanimous decision, central bank governor Lesetja Kganyago cited a still uncertain global outlook This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers

  • Eyaaz
1 min read