The South African Reserve Bank hiked its policy rate by 25bp to 7.00% today as expected and, while it acknowledged that inflation risks are firmly to the upside, the Reserve Bank still looks likely to keep this tightening cycle brief. For now, we expect just one more 25bp hike at the next meeting in July.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
