Interest rate stress won't ease soon, as inflation worries Reserve Bank | Business

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Interest rate stress won't ease soon, as inflation worries Reserve Bank | Business
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The SA Reserve Bank only expects inflation to 'sustainably' move back to 4.5% – its sweet spot – by the second quarter of 2024. | News24_Business

The third 75-basis-point interest rate hike in a row should be the last of its size for now. But rates may remain at these painful levels for more than a year.

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