WATCH: What the rate cut means for SA
Econometrix chief economist Azar Jammine talks to Business Day TV about the decision to cut the repo rate
The SA Reserve Bank cut rates by 100 basis points, much more than expected.
Expectations had been for a 50 basis point cut and the cut comes with aggressive changes to the GDP and inflation forecast.
Econometrix chief economist Azar Jammine joined Business Day TV to talk about the Bank’s decision.
Or listen to the full audio:
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