Are your repayments going to increase? What to expect from repo rate decision
Only way for Sarb to hike repo rate Saba added that a 25-basis-point hike would be justifiable if June inflation is significantly higher than expected, the rand depreciates sharply, or higher fuel costs begin to spread persistently into core inflation.
With the South African Reserve Bank’s (Sarb) next repo rate decision just days away, economists expect the Monetary Policy Committee (MPC) to keep the repo rate unchanged following its pre-emptive 25-basis-point rate hike in May.
But there is an outside chance that the Sarb may reluctantly keep the repo rate unchanged, given that the inflation expectations now in July are no longer as high as they were in April and May, though still there, but not as high.
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