Is the SARB Playing It Too Safe? Why a Bigger Rate Cut Could Jumpstart the Economy
The South African Reserve Bank’s (SARB) recent decision to reduce the prime lending rate from 11.25% to 11% has sparked a significant debate among economists, business leaders, and policymakers. While some commend the SARB’s cautious approach, others argue that more aggressive rate cuts are necessary to stimulate economic growth, especially given the current subdued inflation […]
