22 September 2022 1 Min Read
NEWS LEADER
WATCH: What 75 bps rate hike means for SA’s economy
Business Day TV speaks to Citadel chief economist Maarten Ackerman
in Economy
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The SA Reserve Bank’s monetary policy committee has lifted the repo rate by 75 basis points (bps) to 6.25%. The move was largely expected by economist, but it will add pressure to indebted consumers who are already struggling to make ends meet. Business Day TV unpacked this in detail with Citadel chief economist Maarten Ackerman.
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