Interest Rate Cuts 2024 South Africa

Interest Rate Cuts 2024 South Africa. South african reserve bank governor (sarb) lesetja kganyago said south africa would only see interest rate cuts when inflation has sustainably come down to the. South africa's central bank cut its main lending rate by 25 basis points, becoming the latest central bank to embark on a cutting cycle.

South africa’s central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. Economists expect a series of interest rate cuts from the south african reserve bank starting from today.