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ITS MY HOUSE: Latest Rate Announcement Could Mark the End of the Short-Term Rate Hiking Cycle

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GUEST – Rhys Dyer, CEO of the ooba Group Latest Rate Announcement Could Mark the End of the Short-Term Rate Hiking Cycle

While 2022 and 2023 were largely defined by a quick succession of interest rate hikes, homeowners are set to enjoy some much-needed financial relief in 2024. Experts predict that South Africa will see yet another rate hold at this week’s Monetary Policy Committee (MPC) meeting, with the next interest rate move to be downwards as inflation heads back towards the mid-point of the Reserve Bank’s target range.

23 Jan 2024 3PM English South Africa Business News · Investing

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