25 basis points is the number to watch.
An interest rate hike of this size is now expected as inflation rises, driven in part by higher fuel costs and global pressures. What started as a relatively stable outlook has shifted, with inflation moving away from target levels.
Interest rates are used to manage inflation, but they come with consequences. Higher rates mean higher borrowing costs, while fuel-driven inflation continues to push up everyday expenses.
This episode breaks down what 25 basis points means, why it is in the news, and how it could affect South Africans in the weeks ahead.
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