COVID-19: Economists react to SARB’s 50bps rate cut

PUBLISHED: Thu, 21 May 2020 16:07:07 GMT


The rand extended its winning run, strengthening over one and a half per cent after the Reserve Bank cut interest rates by a further 50 basis points today, citing low inflation risks. Joining CNBC Africa to unpack the impact of the latest interest rate cut on the real economy is Isaah Mhlanga, Chief Economist, Alexander Forbes and Professor Brian Kantor, Chief Strategist & Economist at Investec Wealth & Investment….

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