11/28/2023 0 Comments Mpc 2 softwareWe expect a 3:2 split (of MPC votes) in favour of a hike.” Although expecting a rates hike tomorrow, Schultz believes the SARB “will continue to advocate a “gradual” normalisation cycle, with inflation largely under control”. ![]() The decision will be closely contested though, given the lack of meaningful core inflation pressure and an uneven growth outlook. ![]() ![]() Schultz says: “We expect the SARB to raise rates by 25 basis points (0.25 percentage points) to 3.75% at its final MPC meeting of the year on Thursday, representing a rise for the first time in three years.
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