{"id":23074,"date":"2026-01-29T15:40:44","date_gmt":"2026-01-29T13:40:44","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/interest-rate-cut-possible-if-rand-continues-to-strengthen-and-oil-prices-drop-sarb\/"},"modified":"2026-02-27T16:33:57","modified_gmt":"2026-02-27T14:33:57","slug":"interest-rate-cut-possible-if-rand-continues-to-strengthen-and-oil-prices-drop-sarb","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/interest-rate-cut-possible-if-rand-continues-to-strengthen-and-oil-prices-drop-sarb\/","title":{"rendered":"Interest rate cut possible if Rand continues to strengthen and oil prices drop: SARB"},"content":{"rendered":"<div dir=\"ltr\" data-olk-copy-source=\"MessageBody\">The South African Reserve Bank\u2019s (SARB) Monetary Policy Committee (MPC) has decided to keep rates unchanged, leaving the repo rate steady at 6.75% \u00a0and the prime lending rate at 10.25%.<\/div>\n<div id=\"x_ms-outlook-mobile-signature\">\n<div dir=\"ltr\"><\/div>\n<div>The bank says inflation has reached its peak for the year and is expected to remain under control.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>Reserve Bank Governor Lesetja Kganyago says if the Rand continues to strengthen and oil prices continue to drop, then interest rate cuts can be expected this year.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>\u201cWe assess the risks to the inflation outlook as balanced. Against this backdrop, the MPC decided to keep policy rate unchanged at 6.75%. Two members favoured a cut of 25 basis points, while four preferred a hold. \u00a0The quarterly projection model continued to forecast gradual rate as inflation subsides.\u201d<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">\u2014SABC\u2014<\/div>\n<\/div>\n","protected":false},"featured_media":13215,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-23074","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The bank says inflation has reached its peak for the year and is expected to remain under control.","published_date":null,"news_description":"The bank says inflation has reached its peak for the year and is expected to remain under control.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23074\/revisions"}],"predecessor-version":[{"id":26160,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23074\/revisions\/26160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13215"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=23074"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=23074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}