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First slay inflation before dropping rates

Kganyogo defends his policy decision
The bank hiked rates by another 50 basis points in May, bringing the increase to 4.75 percentage points since November 2021.
Carol Paton
South African Reserve Bank governor Lesetja Kganyago gave MPs a spirited defence of his policy to continue hiking rates amid criticism that this is not taming inflation. Kganyago a
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Allgemeine Zeitung 2024-11-15

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