Rates ‘will go up again’
MPC expected to hike repo rate for the sixth time in six meetings
20 November 2022 - 09:58
The Reserve Bank’s monetary policy committee (MPC) meets on Thursday and is expected to continue its current interest rates increase trajectory in a bid to contain inflation within the 3-6% target.
The Bank has hiked rates in all five MPC meetings this year during which interest rates were pushed to their lowest to help consumers cope with the economic damage wrought by the pandemic. ..
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