ECONOMIC WEEK AHEAD: Borrowing costs to take centre stage in a busy data week
Slower global growth and lower-for-longer interest rates have eased pressure on the Reserve Bank’s monetary policy committee
24 March 2019 - 16:36
Borrowing costs will take centre stage in a busy data week, and the Reserve Bank’s decision on interest rates and a potential Moody’s credit ratings action could both hold surprises. Although a benign domestic inflationary environment, slower global growth and lower-for-longer interest rates have eased pressure on the Reserve Bank’s monetary policy committee to tighten rates, economists expect the committee to retain the repo rate at 6.75% on Thursday.
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