All eyes on SARB rate decision

JOHANNESBURG - South Africans are eagerly awaiting the Reserve Bank’s latest interest rate decision.

Households and businesses continue to grapple with rising living costs, higher fuel prices and mounting economic uncertainty.

READ: Inflation rate pain may be in store

Inflation has started to tick higher in recent months, raising concerns that the Reserve Bank could adopt a more cautious tone on monetary policy.

Chief economist at Investec, Annabel Bishop, said inflation is now at four percent and is expected to go higher.

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