South Africa welcomes 1st small interest rate cut in 4 years
South Africa central bank joins easing club with 25 basis point rate cut
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although inflation had fallen faster than expected there were still risks to the outlook.
South Africa Real Rate at 19-Year High Unlikely to Spur Big Cut
South Africa’s real, inflation-adjusted interest rates reached the highest level in 19 years after price pressures cooled, but that’s unlikely to embolden the central bank to cut borrowing costs by more than a quarter point.
South Africa Is First Country to Lower Rates After Fed Cut
SARB cut its main benchmark rate by a quarter percentage point to 8%.
S.Africa Central Bank Joins Rate Cut Movement
South Africa's central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases.
South Africa Cuts Rates From 15-Year High
South Africa’s central bank cut interest rates by 25 basis points, lowering them from a 15-year high and marking the first easing in more than four years. The monetary policy committee reduced its benchmark rate to 8%,
South Africa Lowers Interest Rates for First Time Since 2020
South Africa's central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. Danelee Masia, Deutsche Bank, South Africa and Sub-Saharan Africa Chief Economist,
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