
How Big a Repo Hike can we expect from SARB’s Monetary Policy Committee (MPC)?
Following the November 2021 MPC meeting, various factors drove fuel price hikes that landed the petrol price at R20/liter by the close of 2021. The SARB's decision to raise the repo rate in November was largely aimed at containing inflation that was already testing the upper boundaries (5% for the months September and October 2021) and protecting the Rand from further depreciation. ... Read More