Where to from here for interest rates and money market returns?

Allan Gray Kaya Biz

Lower interest rates are a life jacket for those who are in debt or paying off home loans, but they have negative consequences for savers. The repo rate is currently at 3.5%, the lowest in the country’s history, but with members of the South African Reserve Bank’s Monetary Policy Committee subtly altering their collective stance on rates at their March meeting, it’s worth asking “where to from here for rates and money market returns?” Thalia Petousis, portfolio manager at Allan Gray, joins Kaya Bizz to explain the current environment and how interest rates impact our returns Kayafm · Kaya 959