✉news BusinessBanking first seen 1 d ago, last 16 h ago, peak #2
South Africa's rate-setting committee fully staffed for first time since 2018
Original: South African rate-setting committee has full complement for first time since 2018
The South African Reserve Bank's monetary policy committee has a full complement of members for the first time since 2018, following the appointment of new members to fill long-standing vacancies. A complete six-member committee is significant for interest rate decisions, as votes on setting the repo rate have been taken with an incomplete panel for several years.
Why now: The restored full membership could affect future interest rate decisions at a time when borrowing costs are closely watched.
South African Reserve BankSouth AfricaMonetary Policy Committee
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