Though inflation during 2020 averaged its lowest levels in more than a decade, many economists believe the Reserve Bank will hold interest rates steady in what may turn out to be a close call on Thursday.

Market consensus points to the Bank keeping rates at a record low of 3.5%, but a gloomier outlook for economic recovery in the wake of SA’s second wave of Covid-19 and tighter restrictions could prompt members to contemplate a cut of 25 basis points (bps)...

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