Interest rate hike beckons: Here are the issues facing Reserve Bank team
LOCAL The fastest inflation of Lesetja Kganyago’s almost eight-year tenure means it’s not a question of if the central bank governor will raise interest rates on Thursday, but by how much. Economists and traders aren’t ruling out the prospect that the SA Reserve Bank may lift the repurchase rate to 5.5% from 4.75% in what would be the biggest hike since September 2002. It’s already raised the benchmark by a […]
