Reserve Bank keeps repo rate steady at 8.25% as expected

The Bank now expects inflation to return to the midpoint of its 3%-6% target band in the second quarter of next year

30 May 2024 - 15:23 By Andrew Linder

The monetary policy committee (MPC) of the Reserve Bank has kept the repo rate steady at 8.25% but continued to warn about sticky inflation being a hindrance to cuts any time soon...

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