Reserve Bank expected to maintain repo rate at 6.75%
after close1 source ↓written by the desknot a recommendation
- in March
- 25 basis points cut
The Reserve Bank is anticipated to keep the repo rate unchanged at 6.75% during its announcement on Thursday. This decision means consumers will maintain their current debt payments, while savers will continue to earn the same interest. Economists predict a potential 25 basis points cut in March as inflation is expected to decline.
Not investment advice. For informational purposes only.