DStv Channel 403 Saturday, 02 November 2024

Interest rates | SARB expected to leave rates unchanged

SARB expected to leave rates unchanged 1

JOHANNESBURG - The Reserve Bank is widely expected to leave interest rates unchanged at this week's meeting.

While headline inflation remains above the preferred target of 4.5 percent, it did come down in November.

READ: South African Reserve Bank expected to leave rates unchanged

Some economists even believe the SARB has probably reached the end of its hike cycle.

Mpho Molopyane, chief economist at Alex Forbes, discussed this with eNCA.

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