Reserve Bank must ‘read the room’ and reverse course on interest rates

Stimulating demand to boost economic growth should be its aim

09 October 2022 - 00:00

By Sizwe Godide-Mbele

The latest increase in the repo rate by 75 bps to an annual rate of 6.25% has again raised questions about the appropriateness and adequacy of interest rates as a tool to curb inflation in SA.

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