EDITORIAL: Don’t hold your breath for a rates cut
Saudi drone attack is just the latest bump in the road for SA’s economy
It’s just as well that most economists weren’t expecting an interest-rate cut from the SA Reserve Bank on Thursday.
So there’s no need to be overly exercised about whether events in Saudi Arabia over the weekend will unduly influence their decision. The possibility of more market volatility globally, with unclear consequences for the rand and SA markets more broadly, might have killed off any small possibility of a surprise cut...