ECONOMIC WEEK AHEAD: Reserve Bank’s caution expected to continue
The prospect of SA being downgraded to junk status by Moody’s Investors Service is the primary reason analysts expect caution from the Bank
12 January 2020 - 16:22
The Reserve Bank is expected to remain cautious in the week ahead, with most economists expecting interest rates to be kept unchanged, even as SA’s economic prospects continue to deteriorate.
The median forecast among 15 economists polled by Bloomberg is for the repo rate to remain at 6.5%, with three expecting a cut of 25 basis points...
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