South Africa's Rate Hike Leaves Uncertainty Over the Rand and Economic Growth - NewsBreak

The SARB hiked its main repo rate by 25 basis points to 3.75% from its record low. The central bank raised its consumer price index forecast from 4.4% to 4.5% in 2021, and from 4.2% to 4.3% in 2022. Jeff Gable, head of macro and fixed income research at...