{"id":40300,"date":"2026-07-22T15:15:22","date_gmt":"2026-07-22T13:15:22","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=40300"},"modified":"2026-07-22T18:00:42","modified_gmt":"2026-07-22T16:00:42","slug":"mpc-likely-to-increase-interest-rates-by-25-basis-points","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/mpc-likely-to-increase-interest-rates-by-25-basis-points\/","title":{"rendered":"\u2018MPC likely to increase interest rates by 25 basis points\u2019"},"content":{"rendered":"<div class=\"uSg02\">\n<div class=\"DgV2h lAKmW\">\n<div class=\"x9jfA\">\n<div class=\"body-100\">\n<div class=\"ze1hM d9vCk\">\n<div id=\"avatar-r6r2__badge\" class=\"fui-PresenceBadge r832ydo fui-Avatar__badge ___9t1i3p0 f14k8a89 f1euv43f f1yab3r1 f1e31b4d\" role=\"img\" aria-label=\"away\">Independent Analyst Elize Kruger says the South African (SA) Reserve Bank is likely to increase interest rates slightly by a quarter of a percent when it announces its rate decision on Thursday, as inflationary pressures continue to rise.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div data-test-id=\"mailMessageBodyContainer\">\n<div class=\"XbIp4 jmmB7 customScrollBar GNqVo allowTextSelection\">\n<div id=\"UniqueMessageBody_34\" class=\"OuGoX BIZfh\" tabindex=\"0\" role=\"document\" aria-label=\"Message body\" aria-live=\"polite\" aria-atomic=\"false\" data-fui-focus-visible=\"\">\n<div class=\"rps_dc0f\">\n<div id=\"x_ms-outlook-mobile-signature\">\n<div dir=\"ltr\"><\/div>\n<div>Her comments follow the latest data released by Statistics SA which shows that inflation rose from 4.5% in May to 5% in June 2026.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>The data indicates that the biggest contributor to inflation came from higher fuel prices, as well as higher rental prices.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>\u201cIf we think about the Monetary Policy Committee (MPC) meeting on Thursday, a figure of 5% would be an uncomfortable figure for the Reserve Bank to consider given the 3% inflation target with a 1% tolerance band so I do believe that they will probably remain on the conservative side by hiking interest rates by 25 basis points and there after sit put and watch what the impact would be.\u201d<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">\u2014SABC\u2014<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"featured_media":29979,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-40300","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The data indicates that the biggest contributor to inflation came from higher fuel prices, as well as higher rental prices.","published_date":"","news_description":"The data indicates that the biggest contributor to inflation came from higher fuel prices, as well as higher rental prices.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40300","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":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40300\/revisions"}],"predecessor-version":[{"id":40302,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40300\/revisions\/40302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/29979"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=40300"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=40300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}