The South African Reserve Bank will probably cut interest rates by 25 basis points
The South African Reserve Bank will probably cut interest rates by 25 basis points — bringing the benchmark repo rate to 8% — when it concludes its latest monetary policy meeting on Thursday, given a moderation in inflation to its lowest level in more than three years and still sluggish economic growth.
According to the most recent data from Statistics South Africa, inflation dipped to 4.6%…
