{"id":35717,"date":"2026-05-28T16:10:09","date_gmt":"2026-05-28T14:10:09","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=35717"},"modified":"2026-05-28T16:10:09","modified_gmt":"2026-05-28T14:10:09","slug":"sa-central-bank-raises-key-rate-by-25-basis-points","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-central-bank-raises-key-rate-by-25-basis-points\/","title":{"rendered":"SA central bank raises key rate by 25 basis points"},"content":{"rendered":"<p>South Africa&#8217;s (SA) central bank raised \u200cits key interest rate by 25 basis points to 7% this Thursday, saying the decision was aimed at managing risks and ensuring that inflation returns to \u2060target.<\/p>\n<p>&nbsp;<\/p>\n<p>The majority of economists polled by <em>Reuters<\/em> had expected a 25-basis-point increase in the policy rate, after inflation accelerated sharply in April.<\/p>\n<p>&nbsp;<\/p>\n<p>Annual inflation was 4.0% in April, up from 3.1% in March, driven mainly by fuel price rises triggered by the United States-Israel war against \u200cIran.<\/p>\n<p>&nbsp;<\/p>\n<p>The \u2060SA Reserve Bank (SARB) targets inflation of 3% with a tolerance band of 1 percentage point either side.<\/p>\n<p>&nbsp;<\/p>\n<p>The SARB is now among only \u2060a handful of African central banks to have raised rates during the Iran war, joining others like Rwanda, Botswana \u2060and Mauritius.<\/p>\n<p>&nbsp;<\/p>\n<p>Many other central banks on the continent, like their global peers, have kept \u2060rates unchanged while they assess war-driven inflation risks.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":35718,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-35717","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"SA central bank raised \u200cits key interest rate by 25 basis points to 7% this Thursday","published_date":"2026-05-28 16:08:43","news_description":"SA central bank raised \u200cits key interest rate by 25 basis points to 7% this Thursday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35717","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\/35717\/revisions"}],"predecessor-version":[{"id":35719,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35717\/revisions\/35719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/35718"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=35717"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=35717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}