SA interest rates likely to be steady for a year

Market expects the first US rate increase will come in 2023 as Federal Reserve party continues

The concern about a sustained rise in inflation, and therefore a rise in global interest rates, ultimately forcing the SA Reserve Bank to hike its policy repurchase rate should subside after the US Federal Reserve kept its target monetary policy interest rates unchanged between zero and 0.25% on Wednesday...

This article is reserved for DispatchLIVE subscribers.

Get access to ALL DispatchLIVE content from only R45.00 per month.

Already subscribed? Simply sign in below.

Already registered on HeraldLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.