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SARB interest rate easing cycle likely coming to an end, says Absa

By Siphelele Dludla | Published 1h ago

Absa's economic team warns that the South African Reserve Bank's interest rate cutting cycle may be coming to an end following the decision to keep the repo rate unchanged at 7. 50%. Despite lower inflation forecasts, concerns about global trade tensions and domestic uncertainty are likely to prevent further cuts in the near term