25bps

The South African Reserve Bank (Sarb) will hike the repo rate for the last time in the current cycle on Thursday, then the hit brakes. But with the bank’s hiking cycle not expected to turn anytime soon, consumers can expect interest rates…

Instead, the FOMC will take into account various factors “in determining the extent to which additional policy firming may be appropriate.” The increase lifted the Fed’s benchmark federal funds rate to a target range of 5% to 5.25%, the…

South Africa’s Monetary Policy Committee (MPC) will hold its first meeting of the year to decide on interest rates on Thursday, and while economists agree that the central bank will continue to hike rates, they are split on the size of the…

Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — The Bank of England (BoE) will likely shy away from a bigger interest rate rise in August and instead stick to the more modest 25 basis…