EDITORIAL: Rand held hostage by global forces means no hope of relief for SA consumers
Most commentators say we should not be counting on another rate cut
There is just under a month to go before the SA Reserve Bank’s monetary policy committee (MPC) decides on interest rates again, and yet it seems most commentators have already made up their minds.
The early consensus is that we shouldn’t be counting on another rate cut, adding to the 0.25-percentage-point reduction in July, when the MPC wraps up its next meeting on September 19. ..