💨 Abstract

Economists are uncertain about the South African Reserve Bank’s Monetary Policy Committee (MPC) decision on interest rates this week. Forward rates and Bloomberg consensus suggest a 25 basis point cut, but local economists consider a rate hold equally likely due to global market uncertainty. The SARB's previous meeting in March ended in a split vote, and another is expected on May 29. The repo rate is currently 7.5%,

Courtesy: Garrin Lambley