PFS Market Sentiment Podcast – Rand Update, MPC Cut Rates By 25 Basis points, SARB Trims Growth Outlook, Debate On Lowering SA’s Inflation Target
💹 Major Currency Snapshot: USDZAR: 17.85EURZAR: 20.23GBPZAR: 24.04 Introduction: Ongoing legal challenges to President Trump’s tariffs in the U.S., including conflicting court decisions, which have created significant market uncertainty. Simultaneously, the South African Reserve Bank’s recent decision to cut its benchmark interest rate as part of an effort to revive a sluggish economy amidst low […]