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Sarb defies expectations, keeps rates on hold as Middle East turmoil clouds inflation outlook
The South African Reserve Bank's decision to keep the repo rate at 7% amid inflation concerns and geopolitical uncertainty has surprised markets. Governor Lesetja Kganyago highlights the impact of global conflicts on the economy while suggesting a cautious outlook for the future.
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Inflation surge piles pressure on Reserve Bank ahead of crucial interest rate decision
South Africa's inflation has surged to a two-year high, driven by soaring fuel prices, prompting the Reserve Bank to consider raising interest rates. This article explores the…
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Inflation surprise puts Sarb in the spotlight as property leaders warn against another rate increase
South Africa's inflation has surged to 5% in June, surpassing forecasts and intensifying speculation about a potential interest rate hike by the Sarb, as economists and property…
