# Efficient Group chief economist, Dawie Roodt, expects the Reserve Bank’s Monetary Policy Committee to keep interest rates unchanged today. Despite inflation easing from 3.5-percent in July to 3.3-percent in August, Roodt says Reserve Bank Governor Lesetja Kganyago is likely to delay another cut until November. The repo rate currently sits at seven-percent, with the prime lending rate at 10.5-percent. The MPC last cut rates by 25 basis points in July.
Efficient Group economist expects unchanged interest rate