EPISODE · Nov 19, 2021 · 2 MIN
The repo rate increases
from Die ekonomie minuut · host Waldo Krugell
Yesterday the Monetary Policy Committee of the Reserve Bank announced that the repo rate will be increased by 25 basis points, to 3.75%. The prime rate, therefore, rises to 7.25%. The explanation for this did not satisfy everyone. (should they just have said that they are now defending the mid-point of the target range?)
What this episode covers
Yesterday the Monetary Policy Committee of the Reserve Bank announced that the repo rate will be increased by 25 basis points, to 3.75%. The prime rate, therefore, rises to 7.25%. The explanation for this did not satisfy everyone. (should they just have said that they are now defending the mid-point of the target range?)
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The repo rate increases
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