WATCH: Inflation woes prompt Bank to hike rates

Business Day TV spoke to Stanlib chief economist Kevin Lings

Picture: 123RF/DELTAART
Picture: 123RF/DELTAART

The Reserve Bank’s monetary policy committee has raised interest rates by 25 basis points.

The increase takes the repo rate to 4% and marks the committee’s second consecutive increase.

Business Day TV discussed the decision with Stanlib chief economist Kevin Lings.

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