Repo rate hike expected next week – South Africans are concerned

The Reserve Bank will hike the repo rate next week, with an announcement scheduled for May 25. According to SABCNews, economists are predicting an increase of approximately 25 to 50 basis points by the central bank. This increase will mark the tenth hike in the rate cycle that began in November 2021, as reported by … Continue reading Repo rate hike expected next week – South Africans are concerned