On Thursday, and as expected, the Reserve Bank’s monetary policy committee kept interest rates unchanged at 6.75%.
“Recent monthly inflation outcomes have remained around the mid-point of the inflation target range, in part due to weak demand and positive inflation surprises. The medium-term inflation outlook has moderated slightly,” Kganyago said. The Bank revised down its growth forecast for this year to 1% from 1.3% while the forecasts for 2020 and 2021 remain unchanged at 1.8% and 2%, respectively.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: IOL - 🏆 46. / 51 Read more »
Reserve Bank keeps interest rate unchanged, as widely expectedAs expected, the Reserve Bank’s monetary policy committee (MPC) kept interest rates unchanged at 6.75% on Thursday.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
ECONOMIC WEEK AHEAD: No changes expected from Reserve Bank and S&PDespite weak economic growth and low inflation, an interest rate cut and a rating downgrade are not likely, writes Sunita Menon the headline n story not the same Dans wants respect from who? Bafana bafana? I say again, don’t drink and tweet🙂 He wasted his time at Chippa United. I suspect he will go back again in the near future as they are always changing coaches.
Source: BDliveSA - 🏆 12. / 63 Read more »