The central bank currently aims to anchor inflation expectations at the midpoint of its 3-6% target, but this range is now under formal review. With...
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- CAPETOWNETC.COM - A La Une - 08/Jul 18:00
Inflation eases, rate cuts likely in 2025
South Africa’s inflation outlook has improved significantly, with economists now expecting price increases to remain softer than initially forecast. This shift gives the Reserve Bank more flexibility to cut interest rates in the coming months, offering relief to cash-strapped households, as mentioned by the Daily Investor. Earlier this year, analysts predicted inflation would climb toward the midpoint of the Reserve...
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