# Everest Wealth says the South African Reserve Bank is likely to pause interest rate cuts in today’s announcement. The interest rate may remain unchanged or be lowered by just 25 basis points, with no significant cuts expected for now. This follows concerns over inflation risks, with some members of the Monetary Policy Committee favouring no change. Everest Wealth’s Riaan Grobler says inflation risks and global factors, like US trade policies and rising electricity costs, will influence the bank’s decision.
Everest Wealth predicts Reserve Bank likely to pause interest rate cuts