Reserve Bank cuts key rate, will aim for bottom of target band

[Engineering News - South Africa] - 31/07/2025
South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range. The rate cut was in line with the median forecast of economists polled by Reuters. The central bank's Monetary Policy Committee (…)
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