South African rate cut catches analysts off guard, but easing cycle may be short-lived

South African rate cut catches analysts off guard, but easing cycle may be short-lived
Policymakers voted unanimously to cut the key rate from 6.5% to 6.25%, upending the expectations of 21 of the 24 economists polled by Reuters ahead of the decision. The decision to cut rates marks a …
South African rate cut catches analysts off guard, but easing cycle may be short-lived