Keeping repo rate stable makes sound economic sense.
19 May 2016 - 21:32
While it appears South Africa’s repo rate still remains in a rising cycle‚ Thursday’s decision by the Monetary Policy Committee to pause and keep the rate stable makes sound economic sense given the stagnant economy and ongoing cost pressures exerted on consumers‚ says Dr Andrew Golding‚ CE of the Pam Golding Property group.
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