Rate Cuts 2024 South African Government. Bishop noted that the quickening in south africa’s expected rate cut cycle was also aided by the further drop in inflation forecasts, to 4.6% y/y for 2024 (previously. By hearst connecticut media staff | updated oct.
Government welcomes the decision by the monetary policy committee (mpc) of the south african reserve bank (sarb) to lower the repo rate by 25 basis points,. Investors believe there could be more cuts in.