Jumbo Fed rate cut gives rand wings to breach R17.50 to dollar
By Philippa Larkin | Published Sep 19, 2024
Bigger-than-expected rate cut backs economists view that SA Reserve Bank is likely to cut rates today.
By Philippa Larkin | Published Sep 19, 2024
Bigger-than-expected rate cut backs economists view that SA Reserve Bank is likely to cut rates today.
By BR Reporter | Published Sep 19, 2024
Rate cuts in the US add more good news to the mix, as the rand will strengthen, while the oil price is softening – a precursor to even lower fuel prices.
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