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Dep Gov Tshazibana Says SARB Is Not In "Solid" Rates Pause

SARB

Bloomberg runs comments from SARB Deputy Governor Fundi Tshazibana, who says that the central bank is still concerned about elevated food prices and the impact of rolling blackouts on prices.

  • Tshazibana says that the SARB is aware of the pain inflicted by the cumulative 475bp worth of monetary tightening delivered in this cycle, but the central bank is not in a "solid" pause on interest-rate action.

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