'We knew this time would come' - Standard Bank ups its interest rate forecast - News24

6/15/2022 12:00:00 AM2 years 10 months ago
by Londiwe Buthelezi
by Londiwe Buthelezi
Standard Bank has adjusted its interest rate forecast for South Africa upwards to 175 basis points - this as the SA Reserve Bank is not ruling out another 50-basis-point hike in July.
- Standard Bank expects another 75 basis-point interest rate hike this year, taking the total for the year to 175 basis points.
- In March, the bank was forecasting only a 100 basis point… [+2768 chars] full article...