ECONOMIC WEEK AHEAD: Reserve Bank expected to lift rate by 50 bps
Governor Lesetja Kganyago says the Bank remains worried about inflation
22 January 2023 - 16:09
The focus this week will be on the SA Reserve Bank’s monetary policy committee (MPC) which sits on Tuesday and will deliver the interest rate decision on Thursday.
According to January’s Thomson Reuters Econometer poll, the median consensus forecast is for a 50 basis point (bps) hike with 11 out of 20 analysts expecting that, eight expecting a 25 bps hike and one forecasting no change...
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