n Personal Finance Newsletter - More interest rate hikes expected in 2014 : economists : interest rates
|Article Title||More interest rate hikes expected in 2014 : economists : interest rates|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Author||Andiswa Botha and Ray Mahlaka|
|Publication Date||Mar 2014|
|Pages||8 - 9|
If the rand continues to weaken, the South African Reserve Bank (SARB) may continue to flex its muscle by increasing interest rates for the first half of the year. In its first monetary policy meeting of 2014, the bank increased the repo rate by 50 basis points to 5.5%.
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