The surprise 50 basis point (bp) hike in the repo rate this week was the right call, most economists said, while conceding their forecasts for a 25bp hike were way off the mark. 

Efficient Group economist Dawie Roodt said the higher rates went, the more room the central bank had to keep inflation in check...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.