Will South Africa’s stable outlook – according to Moody’s – prompt the South African Reserve Bank’s Monetary Policy Committee (MPC) to cut the repo rate?
And, if so, by how much?
Or will they play it safe, and keep the powder dry?
The Money Show’s Bruce Whitfield interviewed George Glynos, Director and Head of Analytics at ETM Analytics.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Monetary policy is much more conservative [under Lesetja Kganyago]... The Reserve Bank deserve some plaudits…— George Glynos
We need to get away from the idea that we need lower interest rates to stimulate the economy…— George Glynos
The Reserve Bank has a golden opportunity to ease the pressure…— George Glynos
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