SARB keeps interest rate on hold
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WATCH | SARB announces MPC decision
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Yesterday, the SARB Monetary Policy Committee (MPC) left the interest rate unchanged at 8.25%. Mokgatla Madisha, Head of Fixed Income, describes today’s briefing as a hawkish pause. He notes that the MPC’s decision to keep interest rates unchanged comes as no surprise as the Federal Reserve Bank and the Bank of England kept rates unchanged to maintain a healthy buffer between interest rates in South Africa and developed markets to help stabilise the currency. 🎧 Listen to more of what Mokgatla h
2:02
Yesterday, the SARB Monetary Policy Committee (MPC) left the interest rate unchanged at 8.25%. Mokgatla Madisha, Head of Fixed Income, describes today’s briefing as a hawkish pause. He notes that the MPC’s decision to keep interest rates unchanged comes as no surprise as the Federal Reserve Bank and the Bank of England kept rates unchanged to maintain a healthy buffer between interest rates in South Africa and developed markets to help stabilise the currency. 🎧 Listen to more of what Mokgatla h
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Wishing our boys all the best as they travel today to take part in the SARB MPC Schools Challenge finalist presentation! Accompanied by their Economics teacher, Mr Pillay, the team will be representing us at this prestigious national competition hosted by the South African Reserve Bank. We are incredibly proud of their achievement in securing a top 10 spot - a testament to their hard work, dedication, and passion for Economics. A special thank you to the SARB team for their continued investment
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