Reserve Bank signals rates may have peaked

By Staff Writer

Reserve Bank signals rates may have peaked  

By Mariam Isa
From Business Day

Bank cautions euphoria on new inflation basket may be overdone. The Reserve Bank's chief economist Monde Mnyande sent a strong signal yesterday that interest rates may have peaked.

Justmoney.co.za says:

Well you never can know. Last time the MPC was due to meet the Bank was giving out signals of a 200 point hike, which turned into a 50 point hike. This time they hint that rates may have peaked, so we will just have to wait and see. Whatever the Reserve Bank decides to do, there is something that you can do right now. Here at Justmoney.co.za, you can search for a savings account, get a better banking account, and conduct a financial health check.

 

Recent Articles

Deals

Book 3 nights and get the 4th one free at Sun City

Price: Available on request
When: Until 30 June 2021
Where: Johannesburg

Bakwena Spa Mother’s Day Special

Price: From R849
When: Until 09 May 2021
Where: Western Cape and Gauteng

Spur Monday Special

Price: R60
When: Mondays
Where: Nationwide


Latest Guide

Guide to debt rehabilitation solutions