SARB UNCHANGED RATES DECISION LIKELY MEANS PROPERTY MARKET ACTIVITY REMAINING MEDIOCRE AND REAL VALUSE CORRECTING FOR THE TIME BEING
John Loos Today’s unchanged repo rate decision was as expected by FNB. This means that the SARB has kept interest rates unchanged since May 2023, after a prior 475 basis point hiking cycle staring late in 2021. Although CPI inflation is within the SARB’s 3-6% target range, at 5.6% it is near to the upper target limit,…

