The South African Reserve Bank is expected to cut the benchmark repo by another 25 basis points on Thursday
The South African Reserve Bank (Sarb) is expected to cut the benchmark repo by another 25 basis points on Thursday, bringing it to 7.75%, after inflation eased below the midpoint of the bank’s target range.
This would be the second rate cut in a cycle that began in September, when the central bank cut rates by another 25 basis points, the first reduction in more than four…
