January 30, 2025 at 01:09PM
MPC was split on decision
Core CPI in 2025 seen at 3.8% vs 3.9% prior
CPI in 2025 seen at 3.9% vs 4.0% prior
Risks to inflation outlook are assessed to the upside
Under 10% universal US tariff scenario, sees rand depreciating to nearly 21
This article was written by Adam Button at www.forexlive.com.
South Africa loweres rates by 25 basis points
