WATCH: What 75 bps rate hike means for SA’s economy
Business Day TV speaks to Citadel chief economist Maarten Ackerman
22 September 2022 - 21:26
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The SA Reserve Bank’s monetary policy committee has lifted the repo rate by 75 basis points (bps) to 6.25%. The move was largely expected by economist, but it will add pressure to indebted consumers who are already struggling to make ends meet. Business Day TV unpacked this in detail with Citadel chief economist Maarten Ackerman.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: What 75 bps rate hike means for SA’s economy
Business Day TV speaks to Citadel chief economist Maarten Ackerman
The SA Reserve Bank’s monetary policy committee has lifted the repo rate by 75 basis points (bps) to 6.25%. The move was largely expected by economist, but it will add pressure to indebted consumers who are already struggling to make ends meet. Business Day TV unpacked this in detail with Citadel chief economist Maarten Ackerman.
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