Rate Cuts 2024 South African Economy

Rate Cuts 2024 South African Economy. South africa’s unemployment rate remains among the highest in the world, a stark reflection of an economy strangled by high borrowing costs that make business. Bank of america expects the first cut to come in july,.

Policymakers in south africa, which has held rates in recent meetings after a series of increases from late 2021 onwards, needed to see more data showing. South africa’s unemployment rate remains among the highest in the world, a stark reflection of an economy strangled by high borrowing costs that make business.