Inflation of 7% may spell interest rate increase
Increase implies Reserve Bank may keep raising interest rates for longer than expected
22 March 2023 - 11:17
UPDATED 22 March 2023 - 20:58
Consumer inflation rose for the first time in four months in February, partly reflecting rising costs associated with load-shedding and potentially sealing the case for yet another interest rate hike next week.
The Reserve Bank’s monetary policy committee meets next week. ..
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