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MNI SARB Review - Sep 2024: Easing Starts With Cautious Cut

The SARB reduced the repo rate by 25bp, starting an easing cycle amid an improved inflation outlook.

MNI (LONDON) - Executive Summary:

  • The SARB reached consensus to reduce the repo rate by 25bp.
  • Members discussed an unchanged stance, a 25bp cut, and a 50bp cut.
  • The Committee said that inflation risks as balanced.
Full review including summary of sell-side views here:

MNI SARB Review - September 2024.pdf

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MNI (LONDON) - Executive Summary:

  • The SARB reached consensus to reduce the repo rate by 25bp.
  • Members discussed an unchanged stance, a 25bp cut, and a 50bp cut.
  • The Committee said that inflation risks as balanced.
Full review including summary of sell-side views here:

MNI SARB Review - September 2024.pdf

Keep reading...Show less