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'We should be cutting interest rates, but there’s so much uncertainty!'

18 January 2018 6:25 PM
Tags:
Interest rates
Repo rate
Lesetja Kganyago
interest rate

South Africa’s repo rate remains unchanged at 6.75%. Bruce Whitfield interviews Nedbank economist Busisiwe Radebe.

South Africa’s repo rate remains unchanged at 6.75%, announced South African Reserve Bank (Sarb) Governor Lesetja Kganyago on Thursday.

The prime lending rate remains at 10.25%.

The Money Show’s Bruce Whitfield interviewed Nedbank economist Busisiwe Radebe.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

The cautious approach was okay.

Busisiwe Radebe, Nedbank

There’s this uncertainty all the time!

Busisiwe Radebe, Nedbank

There’s very little demand pressure out there… you should, probably, be cutting… but there’s so much uncertainty…

Busisiwe Radebe, Nedbank

We have no one else to blame!

Busisiwe Radebe, Nedbank

The rand should, probably, be even stronger.

Busisiwe Radebe, Nedbank

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18 January 2018 6:25 PM
Tags:
Interest rates
Repo rate
Lesetja Kganyago
interest rate

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