Reserve Bank could hold off on more interest rate cuts this year
Monetary policy committee could decide to play it safe
18 August 2019 - 17:31
The Reserve Bank’s monetary policy committee (MPC) could remain in limbo for the rest of the year and keep interest rates unchanged.
The committee, which will have two more meetings this year, will have to weigh a volatile exchange rate and a slight rebound in the economy against looser global monetary policy — a combination which could see them play it safe...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.