Rate Cuts 2024 South Africa Rate Cuts. After the good news that the inflation rate dropped from 5.1% in june to 4.6% in july, a bigger drop than economists expected, they now say all signs point to a repo rate cut in. 2024 south african interest rate cut expectations from top economists.
Nedbank has joined a chorus of other industry experts in forecasting 50 basis points of rate cuts for south africa in 2024. South africa lowers interest rates for first time since 2020.