South Africa scored a major economic win today: inflation is firmly on track to meet the new 3% target earlier than expected, with December’s figure at 3.6% — comfortably within the Reserve Bank’s tolerance band.
This signals stability, lower price pressures, and room for supportive monetary policy.
Why is this of importance for us?
With inflation under control, the SARB can cautiously lower interest rates, supporting growth.
What % interest rate cut do you think we are likely to see this year?