Will it be a 25 or 50-point cut today? 1/5
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JOHANNESBURG - One of the top stories of the day will be the interest rate announcement at 3pm today, by the South African Reserve Bank.
Will they or won't they?
That's the big question and if they do, will it be the expected 25 basis point cut,
or could it be as significant as 50 basis points?
Or did the US Federal Reserve's decision to leave their rates unchanged throw a spanner in the works?
To unpack this, experts, Mpho Molopyane, Alexforbes' chief economist,
and Herschel Jawitz, the CEO from Jawitz Properties spoke to eNCA.