Interview with Olebogeng Motse on OFM Interest Rates Remain Unchanged in South Africa: What influenced the SARB's decision and what can we expect in the future?Key Takeaways:The SARB kept the repo rate unchanged at 8.25% due to the recent higher-than-expected inflation rate.The SARB's decision is based on a longer-term view, recognizing the potential for a downward trend in inflation despite recent supply- and price-driven inflation shocks.The core inflation rate of about 4.4% indicates that despite volatile elements like fuel and energy prices, inflation is trending downward.The SARB acknowledged the possibility of future price shocks that could lead to rand depreciation and necessitate intervention.Central banks worldwide are navigating a delicate balance between interest rates and economic activity.Delays at South African ports further impact consumers through secondary inflation and strain the country's Balance of Payments. Listen now to gain valuable perspectives from the experts! e: [email protected] | t: 087 944 7999

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