The South African Reserve Bank’s (SARB) Monetary Policy Committee (MCP) meeting was held on 23 July 2015 and as it is was widely expected the repo rate increased by 25 basis points, from 5.75%- 6.0%. The interest barometer, as published by Nedbank Strategic Research, considers the factors influencing the decisions of the SARB’s MCP in the statement made relating to the previous decision (26/03/2015) as well as all developments since this meeting. These factors can be categorised in 3 areas with 12 sub categories: The Global economy – contributing 20% The Domestic Economy – contributing 40% Major inflation drivers –contributing 40% Inflation – The Consumer Price Index was published by […]